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Below the Quote on Budget 2025 by Sunil Damania, Chief Investment Officer, Mojopms

"The key highlight of the Budget is income tax relief for the middle class. Additionally, the government has maintained its fiscal glide path, targeting a fiscal deficit of 4.4% of GDP, while emphasizing ease of doing business. Unlike previous Budgets that focused on increasing capital expenditure, this time the priority appears to be efficient deployment of allocated funds rather than just raising allocations.

In our view, these measures will stimulate the consumption cycle, supporting stronger economic growth. With no major negatives and the Direct Tax Code set to be presented next week, this Budget has largely met our expectations."
 

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