Positives for Capital mkts:
Seems no STT hike in Budget fine print.
Reduction in customs duty proactively done to showcase Trump that India is accomodative. India unlikely to face additional tariffs.
Capex at 11.2L crores for FY 25-26, although lower than expected, is still a 10% increase over Revised Budget Estimates of 10.2L crores in FY24-25.
Additional funds coming via SIP on reduced tax burden
No changes in LTCG n STCG
Seems no STT hike in Budget fine print.
Reduction in customs duty proactively done to showcase Trump that India is accomodative. India unlikely to face additional tariffs.
Capex at 11.2L crores for FY 25-26, although lower than expected, is still a 10% increase over Revised Budget Estimates of 10.2L crores in FY24-25.
Additional funds coming via SIP on reduced tax burden
No changes in LTCG n STCG