impact of budget ppt

8/2/2019 Impact of Budget Ppt

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Submitted byManika suyal

Roll no:63Mba( gen), div:B


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Shiv Nadar, Chairman, HCL & ShivNadar Foundation

It is a welcome move that the Centre has allotted Rs

1,000 crore for skill development this year, comparedto Rs 500 crore last year. This will provide moreopportunities to accelerate the skilling of labour forvarious sectors of the economy. With the addedbudget allocation, we expect the Centre and states tocome up with more partnership programmes with theprivate sector to reach the common goal of improvingemployability of the youth in India


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Mr. Binny Bansal (CEO & Founder

Flipkart.com)

We have targeted growth rate of 7.6 %, there seems to be noclear road map to achieve it.

The rise in service tax from 10% to 12% is the biggest blow toall of us.

The telecom sector has been completely ignored. The govt.

wont touch it due to the contoversy surrounding it.

I suggest to abolish the income tax system altogether andencourage the domestic market to grow.


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impact of budget on

electronic business an increase in excise duty by 2% from 10% to 12%, prices of

consumer electronics like LCD TV, LED TV, air-conditioners, refrigerators, washing machine andmicrowave ovens are going to go up by 2-4%.

the budget does not bring any relief to the consumerelectronics industry, which has been reeling under theimpact of rising input costs and rupee depreciation inrecent times.

The other announcement - exemption of basic custom dutyfor LCD and LED TV panels, will have little impact sincethere was already nil custom duty for imports from Japanand Korea from where major companies like LG, Samsung,Panasonic and Videocon primarily source their TV panels.


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Mr. Rajiv Talwar (Group DirectorDLF) I think the budget has laid down a path for fiscal discipline.

Boost in government spending on infrastructure willtranslate to healthy order book for infrastructure companies.

This will allow infrastructure companies more avenues for

financing their projects.

The road development companies will see higher order

inflow & more project flow by NHAI.

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impact of budget on

hospitals The increase in investment-linked deduction to 150 per

cent (previously 100 per cent) on at least hundred-bedhospital is the key positive.

The provision of NIL excise duty and exemption of customsduty on raw materials required for manufacture ofCoronary stents/ Coronary stent system will led to availableof these stents to cardiac patients at cheaper rates.

Also, the reduction of excise duty and customs duty onspecified raw materials for manufacture of syringe, needle,catheters and cannulae makes them available at cheaperrates for the patients.

impact of budget ppt

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