Budget 2018: FM Arun Jaitley expected to show that India means business

In Union Budget 2018-19, capital market investors would be keen to know of the government's stand on two critical issues of fiscal consolidation and tax burden on capital market investments

Ahead of the Union Budget, here is a preview by IIFL Wealth Management:

The timing couldn’t have been better. The Sensex and Nifty soared to record highs after a bout of volatility at start. The IMF projected a 7.4 per cent and 7.8 per cent growth rate for India in 2018 and 2019 respectively. This makes India one of the fastest-growing country among emerging economies. All this just ahead of Prime Minister Narendra Modi’s address at a roundtable of 40 CEOs of global companies at the annual World Economic Forum where he said India means business and presented an