The Union Budget 2014-2015 is pro-growth, investor-friendly and savings oriented. The increase in basic tax exemption limit coupled with increase under Section 80C aims to leave Rs 1 lac of disposable income in the hands of tax payers. This should result in providing a boost to small savings. The budget encourages long term infrastructure lending by proposing exemptions under CRR/SLR. And the classification with regard to capital gains will attract larger participation of FIIs in Indian markets. Technology gets a boost with the new TDF. Gross borrowing program by the Government of India has been nearly pegged at the same level. This should provide comfort on both liquidity and interest rates. The emphasis to focus on bringing down inflation while proposing growth centric measures will be positively received by broader markets,
at the very Core of it all … is Content!