financial trends in india post budget

current financial trends in india is highly volatile. Post budget 2013, the Indian service tax structure has been raised from 10 % to 12%. The budget focuses on transfer pricing and tax on mergers and acquitisions.However, the 23rd march,goldman sachs report shows some signs of recovery for indian inc and the share market will revert in the 3rd quarter. the Global market is recovering .US is recovering and european market is also recovering from greece debacle.The current indian scenario is showing signs of recovery. After 3 weeks of stocks showing downturn, the infosys and tcs showed some signs of recovery in terms of 4 to 5% . The Indian central bank also given signal of policy cuts in the recent monetary review. The government recent rajeev gandhi invetsment plans will add millions of dollar to the investors. The stable government in UP also helped the india to come up with its current debacle. Wall street is bouncing back. the overall economic view is somewhat comeing out of its nightmare .