The backdrop to this year's budget is an interesting one. The domestic economy stands on sound fundamentals despite jitters in the global markets. The current fiscal year has experienced record revenue buoyancy, with overall fiscal targets being met. However, fears of a global recession persist and contrary views prevail on its impact on the India growth story. Crucially, this is also the last budget of this government and the Finance Minister would be hoping to sign-off on a high.
The Finance Minister presented the annual Finance Bill in the Parliament on February 29, preceded by the Economic Survey on February 28.
We shared with you our views on the state of the economy, industry anticipations and expectations in our Pre-Budget Webcast earlier this month. We are pleased to present the BMR Post-Budget Webcast – an analysis of the Budget proposals and our impact assessment.
