There were expectations the government would announce significant measures. However, we should bear in mind that such measures can be announced outside the Budget as and when required, like we saw in September 2019, with the corporate tax rate cut. A big positive in this Budget is tax exemptions given to sovereign wealth funds. Also, abolishing DDT will attract investments
Ajit Menon
Menon is CEO of PGIM India Mutual Fund
Ajit Menon
Menon is CEO of PGIM India Mutual Fund