Dear All, Forwarding you the *Interim Budget Preview *for* FY2015.*
*Expect fiscal deficit target to be met* Since major policy announcements and changes on the taxation front are not expected during the interim budget, markets are more likely to be watchful for government's progress on fiscal consolidation. We believe that despite some populist measures and the fiscal deficit breaching 95% of the budgeted estimate in 9MFY2014, the government is likely to curtail the deficit at the budgeted level of 4.8% of GDP. To meet its objective, we believe that the government is likely to cut its plan expenditure drastically from the budgeted levels, roll-over expenditure into the next fiscal year as well as aggressively seek to garner proceeds from non-tax revenues and disinvestment receipts. Interim Budget Preview - FY2015<http://emm.angelbroking.in/advisory/lt.php?id=fhpWAwlSUVhRXBhVVgJfDkU=A1ZXXVkIRVsMXFENXF4ID15Qc14PBwgNSgcKCQ==> If you have any Stock related queries, feel free to call us on 022 39357600, Extn: 6865 or mail us at *[email protected] <[email protected]>**.* For Non-Research Queries, kindly contact Feedback Team on (Area STD Code) 33551111 or mail at *[email protected] <[email protected]>.* With best regards, Fundamental Adivsory Desk Akruti Star, 6th Floor, MIDC, Andheri (E), Mumbai - 93. Direct: (91) (022) 39357600 Ext. 6865 Website : www.angelbroking.com<http://emm.angelbroking.in/advisory/lt.php?id=fhpWAwlSUFJWVxhVVgJfDkU=A1ZXXVkIRVsMXFENXF4ID15Qc14PBwgNSgcKCQ==> *Disclaimer: **Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.* -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/globalspeculators. For more options, visit https://groups.google.com/groups/opt_out.
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