Over the years, the union budget has increasingly become less important for the long-term equity investors (1991-92 budget speech by Dr Manmohan Singh stands out in that context). Several policy decisions impacting the economy and thereby equity markets have moved out of the budget like, post the GST implementation indirect tax changes have moved out of budget and are now within the purview of the GST council.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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