Budget 2016-2017: Budget a fine balancing act, says Geogit BNP Paribas official

KOCHI: An interactive budget analysis session on Union Budget 2016-2017 was organised jointly by Federation of Indian Chambers of Commerce and Industry ( FICCI) and TiE Kerala here.

P Rameshan, Professor, Strategic Management, Indian Institute of Management (IIM), Kozhikode in his key note address gave detailed scenario on Macro and Micro Analysis of the Union Budget.

"From a budget we expect support for the simple needs; and a budget needs to be analysed in the light of simple needs", remarked Professor, Strategic Management, IIMK.

V K Vijayakumar, Investment Strategist, Geojit BNP Paribas in his special address pointed out that budget has to be assessed in the context in which it is presented.
"Finance Minister Arun Jaitley has come out with a fine balancing act. The merit of this budget is that it is politically correct too", he added while exchanging his viewpoints on Market and Investment Analysis about the budget.

M George Korah FCA, Managing Partner of M/s Korah and Korah, Chartered Accountants, Kochi gave detailed analysis on the direct and indirect tax implications on the budget.