2025-02-01 02:39:32 pm | Source: Kotak Securities Ltd
Reaction on Budget 2025 by Sandeep Chordia, COO, Kotak Securities
Below the Quote on Budget 2025 Reaction by Sandeep Chordia, COO, Kotak Securities
No income tax for income upto 12 lacs is a big positive for Indian middle class and will aid in consumption growth. This coupled with new direct tax code which will be placed in parliament next week will make tax compliance easier. Fiscal deficit of 4.4% of gdp on glide path as expected. Overall a very good budget.
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