Budget

The FY16/17 Union Budget saw the Indian government prioritise fiscal discipline and macro-stability over growth (capex spending) of February 29, 2016. In contrast to consensus and DBS expectations for a slower pace of fiscal tightening, the FY16/17 deficit target was...

By Saurabh Kumar, Managing Partner of SK Attorneys. Background The recent aggressive stand taken by the revenue authority is against the basic commitment made by Prime Minister Narender Modi Government at the time of coming into power in May, 2014....

By Saurabh Kumar, Managing Partner of SK Attorneys. The Union Budget for the financial year 2015-16 reflects a number of priorities set out by the new Government in its election manifesto. It will not be out of place to highlight...

The Indian economy which is on a path of recovery since 2014 will continue to be on a high-growth trajectory this year, says a senior economist with a London-based consultancy CRU. Fundamentals of Indian economy are recovering due to the continued...

By Dr Amitendu Palit, a Senior Research Fellow and Research Lead at the Institute of South Asian Studies (ISAS). Very few Indian budgets in recent years have been presented in a more favourable backdrop than the budget presented by Finance...