2026-02-01 02:35:22 pm | Source: Elara Capital
Quote on Union Budget by Garima Kapoor, Deputy Head of Research & Chief Economist, Elara Capital
Below the Quote on Union Budget by Garima Kapoor, Deputy Head of Research & Chief Economist, Elara Capital
The messaging is that the polices and taxation is being aligned towards making India as a export hub. The budget focuses on fiscal consolidation while maintaining its thrust on new age sectors and export oriented sectors. The allocation to capex is high especially led by defense which is positive. Among announcements, the tax holiday for cloud services for data centers and customs duty exemption on nuclear power components is encouraging.
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