We haven't heard the last word on GAAR yet: Jyotivardhan Jaipuria

Proposals regarding General Anti Avoidance Rule(GAAR), Dividend Distribution Tax and the amount provided for PSU bank recapitalisation were some of the elements in Budget 2016-17 that disappointed the Street.Jyotivardhan Jaipuria, founder and managing director, Veda Investment Managers, who until recently was the India head of research, Bank of America Merrill Lynch, tells Puneet Wadhwa that the government will need to come up with a comprehensive package to restore confidence.    Himanshu Tiwari Astrologer Blog

Read our full coverage on Union Budget 2016

The Budget 2016, as is true for the budget in any year, is a juggling exercise with limited resources and very high expectations. To my mind, the big message the budget sent out was the commitment to meet the fiscal deficit target of 3.5 per cent as mandated under the Fiscal Responsibility and Budget Management (FRBM) in spite of pressure from some sections to relax this target to boost growth. This has now lobbed the ball back in the Reserve Bank of India (RBI’s) court and probably provided some room for monetary stimulus.   Share Market Astrology

The second surprise was an amnesty scheme for undeclared income. Since the Finance Minister has not provided any amount from this in the fiscal estimates, there could be more room for him during the year to provide more capex.   Jackpot Stocks Trading Tips

The third big announcement is the Dispute Resolution scheme for retrospective cases. If this helps sort out high profile cases like the Vodafone tax dispute, it could remove some of the negative impression re India amongst foreign investors.   Stock Market Trading Tips