Budget 2018: A Budget focusing on Developmental Populism and rural economy

The grandfathering treatment mentioned in the budget ensures all past returns are protected

The Honourable Finance Minister has delivered a balanced budget catering to people across the social spectrum without unduly impacting fiscal math. I believe this is a budget that focuses on developmental populism. The budget covered all key themes like Rural India, Healthcare, Sops for Senior Citizens, Women and New employment.
 

The big announcement that came towards the end of the budget was something that a log of people in the market had been talking for a while now - the introduction of Long Term Capital Gains for Equity investments. While this may be disappointing from a market investor perspective, we