Like performance of Cheteshwar Pujara, Budget 2021 is brave and stable

Long-term investment in infrastructure by Sovereign Wealth Funds and Pension Funds will also receive a boost owing to certain relaxations

Like the performance of Cheteshwar Pujara, the Budget presented by the Finance Minister, is brave, stable, with no heroics and creates a strong foundation for growth. The FM has sho­wn courage by choosing tax stability, ease of doing business through simplification and direct spending over immediate fiscal consolidation. The six pillars of ‘Atma­nirbharta’ (self-reli­ance) steer structural reforms, reinforcing deep confidence in India’s growth potential.  

The Budget builds on government’s consistent focus on att­racting investments by liberalising tax reliefs given earlier, plugging gaps in the provisions relating to business reorgan­is­ation and attacking the deep-rooted malaise of tax disp­utes. For offshore funds, relaxing