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First, the budget. It can be dissected into three C's - consolidation, consumption, and capex. On the consolidation front, the budget is firmly on track, with FY25 fiscal deficit at 4.8% of gross domestic product (GDP), expected to be further lower at 4.4% in FY26.
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News and Media
Threshold limit of tax deducted at source (TDS) on dividend income from MFs has been doubled to 10,000. Now, there will be zero TDS on dividend income of up to 10,000.
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News and Media
My budget ritual is to come to the office and watch the budget and hope that there aren't any big negatives on the capital markets side particularly. This year, there were no announcements linked to the capital markets and a few small ones related to startups.
Category:
News and Media
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