Hi,
Please find attached and below the views on forthcoming budget by Mr. Anil Kumar, CEO of Birla Sun Life Mutual Fund, for your reference
Also find attached the photograph of the spokesperson for your reference
Views on forthcoming budget Mr. Anil Kumar, CEO of Birla Sun Life Mutual Fund
The forthcoming budget is a crucial one given the greater need to focus on getting the economic growth back on track as well as to maintain the overall fiscal deficit under 6.5%. Capital market has been the biggest savior this time to boost the confidence for the real economy wherein capital raising has become relatively easier.
We expect that the budget may bring some positive news to boost the economic growth through measures like change of duty structure for Power and Power equipments sectors, extension of STPI benefit for IT sector, relaxation of FDI norms in Insurance, Aviation and Media, News and Print.
We also feel that the budget will give a special thrust towards housing sectors. It may extend 80IA benefit for infrastructure sector and also plan for aggressive fund raising program through divestment of stakes in PSUs.
Warm regards,
Ashish Samal
Adfactors PR Pvt Ltd
Shalaka, Maharshi Karve Marg, Cooperage,
Mumbai 400021.
Tel: +91 22 2281 3565
Fax: +91 22 2281 3569
Mob: +91 9619107877
Email: ashish.samal@adfactorspr.com
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