Welcomes measures include a road map for fiscal consolidation of 3% of GDP by fiscal 2016-17, GST roadmap by the end of the year
Says fiscal consolidation has been given a priority
Says the industry is happy with the Budget, hails an inverted tax structure
Terms it as very progressive Budget with a vision for the future
The government's plan to bring in PPP to complete the gas grid across the country was viewed positively
These will now attract service tax; print media continues to be exempt from paying service tax
Budget proposals will benefit capex-intensive sectors, but may hit consumer goods by way of lower demand
Relaxations on Reits, FDI and tax fronts to ensure more capital for players
Soaps, TV sets and footwear to get cheaper; imported electronic goods, aerated drinks, cigarettes to cost more
Experts say transportation via inland waterways would cut cost of logistics to a great extent
Soaps, deodorants to be cheaper; aerated drinks will not be as sweet
Total expenditure for 2014-15 is pegged at Rs 17,94,892 cr, 1.79% more than the interim Budget
Says the FM has given some relief to aam aadmi by raising the income tax exemption limits by Rs 50,000