Although India’s finance minister Nirmala Sitharaman has said that the upcoming Budget to be presented on February 1 is merely a vote-on-account (that only approves the continuation of existing programmes) and therefore not a full-fledged Budget, expectations are rife about some sops being granted to taxpayers and some industries. In a recently-released report, BankBazaar.com puts forth a list of asks that the fintech sector has from the government. Not all these demands may fall within the purview of the budget but they can be viewed as an all-encompassing list of what the fintech sector wishes for in 2024.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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