Budget is a bold gambit with focus on growth without any increase in taxes

With the economy likely to grow at a nominal growth of between 15-16 per cent, the tax revenue increase of 16.7 per cent appears fairly achievable

Expectations on the budget were a bit muted amid fears of an increase in taxation to meet the high fiscal deficit and hope that the government is able to provide some resources to help the current GDP recovery. What we got today was a budget that delivered a big surprise, and how! 
 

The first key takeaway is that the government, after a long time, has taken a bold gambit in the budget with a big focus on growth without any increase in taxation. Growth in India was slowing down even before the Covid-19 pandemic and then, of course, collapsed with