Union Budget 2021 Perspective by Krishna Kumar Karwa, Emkay Global
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/b50293ae2ed451b294f033240fa52a26.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below are Views On Union Budget 2021 Perspective by Mr. Krishna Kumar Karwa, Managing Director - Emkay Global Financial Services
“Hats off to the FM for sticking to her promise of a budget that will be remembered for 100 years . A budget with no changes in Direct taxes will certainly be remembered for years to come . Equity market will be enthused with no tinkering in capital gains taxes or STT or any form of Covid tax . The proposals to privatize 2 PSBs and 1 general insurance co is noteworthy as is increase in FDI limit in Insurance to 74%. The much awaited proposal to set up a DFI should boost capex in the coming years . To summarise the revival in the economy seen in the last 4-5 months will be further enhanced with the various budget proposals. Tax buoyancy , successful divestments and quick monetization of operating infrastructure assets remain a key to achieving the fiscal deficit target of 6.8 % for Fy 21-22.”
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/a9e963fd8cebe2c9b4dcc96837506335.jpg)
The fiscal deficit of 6.8 % of GDP for the next financial year By Murthy Nagarajan, Tata Mut...
![Quotes on Union Budget Reactions for Mutual Fund Industry By Prathit Bhobe, Tata Mutual Fund](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/5d5960aea9fbf6626040a55516c58e69.jpg)
![Union Budget 2021 - The real estate industry was expecting growth measures By Krish Raveshia, Azlo Realty](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/0aa6faf8ca0351a6ffb24fb03fcc4c8f.jpg)
![The not-so-subtle shift to a counter cyclical fiscal policy through increased government By Rahul Singh, Tata Mutual Fund](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/4b71ac366d2677aae204d8318484274e.jpg)