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RUPEE AT CLOSE - Rupee Ends At 67.01/$ Vs 67.07/$ On Thursday HDFC BANK MD - Note Ban Will Lead To Transparency, Efficiency, Cost Reduction

“Direct Taxes Can’t Be Changed In VoA”

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February 17: Manishi Raychaudhuri, MD & HOR, BNP Paribas Securities, says, “We do not expect significant tinkering with direct taxes in today’s vote-on-account (VoA).” However, he adds that the government may introduce significant cut in planned expenditure. Also, watch as Sanjay Dutt, Director, Quantum Securities, says that Finance Minister P. Chidambaram will be able to meet 4.8% fiscal deficit target.