"[2] New slabs under New Tax Regimes for individual Akhilesh Yadav, president of the Samajwadi Party, said that the budget proposed by the BJP government actually makes things worse, such as unemployment and inflation.

"[4] Sanjiv Mehta, chairman and managing director of Hindustan Unilever Limited said, "The provision that you will get a tax reduction only if you pay being on cash basis, is really good for the industry.

"[7] V. Vaidyanathan, the managing director and CEO of IDFC First Bank called it "a natural progression of the previous Budgets in terms of direction, consistency, and the overarching growth objective.

"[8] Amitabh Chaudhry, the managing director and CEO of Axis Bank wrote in The Economic Times, "The budget grasped the opportunity to consolidate India's macroeconomic fundamentals.

The prudence demonstrated over the past couple of years by the budgets - in conjunction with a finely tuned monetary policy - has helped India's economy emerge relatively unscathed despite a series of public health and economic shocks.