J P Chawla & Co. LLP

Budget Analysis 2016 

Changes Changes!!! We all know that only thing constant is change!! This has been so true for this transformational 
budget presented by our finance minister on the leap day of the leap year 2016. 
Indian economy has achieved robust growth despite very unfavourable global conditions. India has been hailed as a ‘bright spot’ amidst a slowing global economy by IMF. Growth of Economy has accelerated to 7.6% in 2015-16. Foreign exchange reserves have touched highest ever level of about 350 billion US dollars. 


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