On February 29, the Budget for 2016-17 will be rolled out. There is no doubt that this particular Budget will be critically viewed by many in India and overseas.
Everyone will be looking out for initiatives and policy reforms that will accelerate economic growth. Perhaps, this is the Budget that will determine whether the government’s thoughts are aligned with its action. Here are four ways to help attract more retail investors.
Abolish Security Transaction Tax
The transaction volumes in the markets are nowhere near the volumes of late 2007-early 2008 period. With drop in volumes, the liquidity in the Indian market has taken a hit.