Budget 2024 : Measured & Calibrated | Key Takeaways

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  • Опубликовано: 20 окт 2024
  • Budget 2024 was a much anticipated event. Of course on capital markets front there were two surprises in form of enhanced STT and jump in Capital Gains taxation. The market seems to have abosorbed the news pretty well. The capex spent allocation, thrust on rural & agrarian economy, employment, education & skilling are moves in the right direction with a focus on giving stron balance and strctural positioning to the economy. Focus on brining the fiscal deficit down to 4.9% is positive and forward looking which could impact India's credit rating and in turn usher in major flows to the bond markets. The budget talks and focusses on new age technology, innovation and investment in the space.
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