Tue, Feb 02, 2021
HDFC Securities highlights that FY22 budget had a clear and decisive agenda, reviving and driving economic growth. It belied all fears with no additional significant direct or indirect tax measures, which came as a positive surprise and a much-needed relief, which would improve sentiment and boost growth. Unlike typical budgets, there were no hidden additional taxes, which usually tempers down the initial euphoria. Tax collections and divestment targets also seem to be more realistic and achievable.
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