Finance Minister Arun Jaitley left industrialists, economists and commentators on a high note as they cheered the Budget 2016-17.They lauded the finance minister for a pro-farmer budget, also leaving a multiplier effect on the economy. Many experts said the budget was in line to what they expected and importance to fiscal discipline was also welcomed.
Even the startup founders were excited about no tax for first three years.
Here’s what the experts have to say:
Prompt words for businessmen to use today for #Budget2016-great, fantastic, all-round impetus, path-breaking, boosting economy, balanced, 👏.
— Harsh Goenka (@hvgoenka) February 29, 2016
All major CII recommendations have been covered in #Budget2016.~Sunil Munjal, Chair, Hero Corporate Service Limited pic.twitter.com/dRnKw5QXaR
— CII (@FollowCII) February 29, 2016
In summary, despite our disappointment on the tax on cars, I see no reason for the mayhem in the market.
— anand mahindra (@anandmahindra) February 29, 2016
The need of the hour, both to revive consumption & to preserve the social fabric of the country, was to focus on the farm ecosystem
— anand mahindra (@anandmahindra) February 29, 2016
Big effort to one time clean up past tax issues and one time amnesty #Budget2016 #UnionBudget2016
— Sumant Sinha (@sumant_sinha) February 29, 2016
FM sticks to fiscal deficit target of 3.5%! Exactly my views and glad to see the fiscal prudence #Budget2016
— Sumant Sinha (@sumant_sinha) February 29, 2016
(Image: Indiatimes)Incredible and necessary win for Aadhar in today's budget ! Cheers & Kudos to @India_Stack and @NandanNilekani
— Vijay Shekhar (@vijayshekhar) February 29, 2016