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  • Friday, September, 2023| Today's Market | Current Time: 03:33:46

    • Budget Quotes

    Here is how industry experts reacted to the Union Budget 2023!

    1. Upasana Taku, Co-Founder & COO of MobiKwik: “The upcoming budget will undoubtedly be geared towards augmenting the growth of the Indian economy, but it also needs to address the challenges faced by the common man and the salaried class as we recover from a global pandemic and tackle the ongoing global economic slowdown. People […]

    Budget Quotes

    Budget Reaction – Navneet Munot MD & CEO, HDFC AMC

    Mr. Navneet Munot – MD & CEO, HDFC Asset Management Co Ltd. Balancing the expectations of an aspirational country like ours with fiscal prudence is no mean task. The first budget of ‘Amritkaal’ did a fine job of balancing the two, especially against a challenging global backdrop. This budget builds up on the reforms initiated […]

    Budget Quotes

    Post Budget Quote by Mr Akshay Mehrotra, Co-Founder, and CEO, Fibe

    “As India’s Finance Minister Nirmala Sitharaman presented the budget for FY 23-24, I felt it was an inclusive one with a focus on most sectors. The budget which seeks to lower India’s fiscal deficit, with a focus on digitalisation and incentives for investments to support an economy that is caught in the global slowdown along […]

    Budget Quotes

    Views on start-ups and FDI by Vaibhav Gupta, Partner, Dhruva Advisors

    “The change on angel tax provisions being extended to non-residents could have significant consequences on fund raise structures from offshore funds and foreign companies. FEMA provisions permit Indian companies to issue shares to non-residents at above the fair market value. Now any such excess will be taxable in the hands of the company. Such onerous […]

    Budget Quotes

    Post Budget on Hospitality, Rubystone

    According to Mr Sandeep Singh,  Director of Rubystone   Managing Director – Goldstone Hotels The new Budget for 2023-24 has brought a boom to the Travel and Hospitality Industry three years after the pandemic. The industry is expected to focus on foreign travellers to splurge in exploring the world. The industry needs to focus on […]

    Budget Quotes

    Post Budget Reaction by Girish Singhania, CEO, EduBridge

    The Union Budget of 2023 echoes the attributes of an emergent circular economy that will benefit the nation, giving citizens the impetus of putting India on global charts. The budget spurs a pro-growth movement encouraging widespread digitization and skilling in every walk of life.   1. The government has thoughtfully galvanized the importance of financial literacy. […]

    Budget Quotes

    Mr Manvendra Shukul, CEO of Lakshya Digital on the Union Budget 2023

    “It is heartening to see Hon’ble Finance Minister’s continued focus on the most crucial building block for every sector – Skilling India. The Pradhan Mantri Kaushal Vikas Yojna 4.0 is a huge step towards boosting and promoting new skills in alignment with the emerging needs of industry 4.0. A wide range of sectors, including the […]

    Budget Quotes

    Union Budget – Quote of Mr. Shachindra Nath, Vice Chairman and Managing Director, U GRO

    “The demand of NBFCs from the finance minister was to advance hassle-free credit access and the government has given a much-needed boost to the MSME sector.  An allocation of Rs. 9000 crore for the credit guarantee revamp scheme starting April 1, 2023 will give a big relief to MSMEs in the current inflationary conditions. Presumptive […]

    Budget Quotes

    Quote on the Union Budget by Mr Murali Ramakrishnan MD and CEO of The South Indian Bank

    “This year’s Union Budget is noteworthy on a number of counts. Effective implementation of schemes like opening of 47.8 crore PM Jan Dhan bank accounts will benefit common citizens.  With the establishment of the Urban Infrastructure Development Fund (UIDF), we expect infrastructure in tier 2 and tier 3 cities receiving a significant boost. The enabling […]

    Budget Quotes

    Union Budget 2023-24: Achieving a Tech-Driven Economy with the Support of AI, 5G and Ease of Doing Business

    The first Union budget of Amrit Kaal holds true for the technology vertical too. The Union Finance Minister Nirmala Sitharaman tabled her 5th budget this year. This budget proves the government’s intent on spearheading the Indian economy and growth backed by technology. The FM said that the government’s vision for Amrit Kaal includes a technology-driven […]

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