FY25 Budget advanced reforms, notably in fiscal consolidation, employment, farm productivity and rationalising LTCG. But the latter (and higher STT on derivatives) are near-term negative for stocks.
What is covered in the Full Insight:
Fiscal Deficit Projections and Actuals
Public Expenditure and Investment
Tax Revenue Growth and Changes
Impact of Policy Measures on Stock Market
Employment and Agricultural Productivity Initiatives
SUMMARY
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