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BUDGET REACTIONS

  • I think it is a very well balanced Budget and growth oriented. It will be very good for the economy.
    Chairman
    Godrej Group
  • Mature and calibrated budget which seeks to address the priorities of the hour.
    President
    Destimoney Securities
  • Budget has positively surprised us. It has done better than normal expectation. It is positive for the equity and bond market.
    Vice-chairman
    Kotak Mahindra Bank

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INCOME TAX MATHS
%
  • Tax exemption limit raised to Rs 1.8 lakh from Rs 1.60 lakh
  • Individual male tax payers save Rs 2,000 in 10% bracket
  • For senior citizens, qualifying age reduced to 60 years
  • For senior citizens, exemption limit raised to Rs 2.50 lakh
  • Citizens over 80 years to have exemption limit of Rs 5 lakh
  • Low-cost housing loans of Rs 15 lakh to get 1% interest sop