Exploring the Prospects of Bringing Petrol and Diesel under GST
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The Union Finance Minister Nirmala Sitharaman introduced the Budget in the Parliament on Tuesday
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"This would not only accelerate development of infrastructure by the public sector but also attract the much needed private sector participation in the infrastructure sector," said Aneja
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"While the initial market reaction was a bit of a dampener in light of the capital gains tax increase, there are several positive indicators one can take away when looking at the bigger picture,” Khaitan added
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“On the R&D front, the announcement to operationalize the Anusandhan National Research Fund and to set up a financing pool of INR 1 lakh crore for private sector-driven R&D are welcome steps,” said Ranjana Adhikari
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"A delight for investors and PE/VC funds supporting Indian companies," Shah said
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"While the details of the above reforms are awaited, augmenting the number of benches, with some benches exclusively hearing matters under the Companies Act, will not only help in declogging the NCLT benches. Similarly, the introduction of an integrated technology platform would result in better monitoring of processes enhancing transparency and efficiency," Singh said
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"The abolition of angel tax, withdrawal of equalisation levy and rationalisation of dispute resolution related provisions in the Indian Budget 2024 have been welcomed as bold steps towards fostering a more investor-friendly environment," said Khemuka
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“The government announcement to digitalise the revenue records is welcome move and will bring down land related litigation," Bishnoi said
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"The Union Budget reflects a continued prioritization of the agricultural sector, with an increased allocation of ₹1.52 lakh crore this year, up from ₹1.25 lakh crore last year," said Somani
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