Quote on Budget 2025 by Surjitt Singh Arora, Portfolio Manager - PMS at PGIM India AMC

Below the Quote on Budget 2025 by Surjitt Singh Arora, Portfolio Manager - PMS at PGIM India AMC
"The budget aims to balance growth needs while providing tax relief to the middle class and maintaining fiscal discipline. 85% of Indians are in the 12 lacs income bracket. No income tax till Rs12 lacs would boost consumption for FMCG, Value Retail and Auto segments.".
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