Nilesh Shah

The FM announced income tax relief for middle-class households to the tune of $12 billion (0.3 per cent of GDP), which is expected to give a significant boost to urban consumption and savings

The key highlight of the budget is the government's steadfast dedication to fiscal prudence

Budget 2023: Raising of tax slabs along with reduction in peak surcharge shall result in around Rs 35,000 crore being saved by tax payers and hopefully being spent to boost consumption

It's clear that most PSUs have underperformed the market by a margin and now trade below their historical book value.

Dalal Street is where dreams are made and destroyed

Our experience with earlier epidemics such as SARS, EBOLA and ZICA does suggest that medical science will find out a solution sooner than later

The immediate adverse impact of LTCG tax would be contained due to the grandfathering clause

Fiscal Situation for 2014-15 will be a critical factor in influencing direction of the market