Instead of answering myself, I am putting here the view of Swami Vivekananda on Buddhism. I am not a Buddhist, as you have heard, and yet I am. read more
In summary, Buddhism rejects three essential concepts of Hinduism. This makes it a separate religion distinct form Hinduism. In terms of being a reinterpretation of Hinduism, Buddhism took reincarnation and karma from ancient Hinduism and significantly altered these concepts. read more
Hinduism is about understanding Brahma, existence, from within the Atman, which roughly means 'self' or 'soul,' whereas Buddhism is about finding the Anatman — 'not soul' or 'not self.' read more