The end of February 2015 saw the unveiling of the first
full-fledged Annual Budget by the Finance Minister, Mr. Arun
Jaitley. The expectations from this Budget were similar to the
release of a Hollywood blockbuster and no less. The pain points in
the Indian economy are several; reviving investments, pushing
sluggish exports, stagnant manufacturing and importantly, to get
growth back on track. The anxiety was heightened owing to the need
for much-wanted Tax reforms with the key agenda items being ;
removal of tax uncertainties, creating a non-adversarial tax regime
and the all-important tax reform - roll-out of Goods and Services
Tax (GST) w.e.f April 01, 2016.
The Budget provides a rounded delivery on most expectations but
the key remains, the execution. After a long time, one got the
sense that the Budget was drafted by Policy-makers and not the
bureaucrats and had a sense of fresh approach all pervading.
Although, most would admit that the Budget was not a big
