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2025-02-02 02:16:20 pm | Source: Choice Equity Broking
Budget Reaction Quote on Finance Sector by Mr. Ajay Kejriwal, CEO, Choice Equity Broking
Budget Reaction Quote on Finance Sector by Mr. Ajay Kejriwal, CEO, Choice Equity Broking

Below the Budget Reaction Quote on Finance Sector by Mr. Ajay Kejriwal, CEO, Choice Equity Broking

 

“We at Choice International Limited applaud the Union Budget 2025-26. This budget reflects a strong commitment to inclusive growth with a clear focus on empowering the middle class. The increase in the FDI limit for the insurance sector from 74% to 100% will attract global investments, fostering competition and benefiting consumers with better offerings. The introduction of a Partial Credit Enhancement Facility for corporate bonds is a pivotal step towards strengthening infrastructure financing.

Reforms like the rationalization of tax structures and the new Income Tax Bill, alongside personal income tax reliefs for the middle class, will simplify compliance and increase disposable income. Enhanced credit access for MSMEs and revised classification criteria will spur entrepreneurial growth and job creation.

At Choice International, one of our key missions is to promote financial literacy, particularly in Tier 2 to Tier 6 cities. Simplified financial processes and increased credit accessibility will empower individuals and businesses to make informed financial decisions. By fostering financial literacy, this budget supports the middle class in building secure financial futures. It contributes to a robust, inclusive financial ecosystem, in line with the vision of Viksit Bharat.”

 

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