Budget FY24 Highlights

In a nutshell, budget FY24 focuses on seven priorities, or Saptarishi. These are inclusive development, reaching the last mile, agriculture, and investment, unleashing potential, green growth, youth power, and financial sector. 1) Big relief under the new tax regime: First things first. The finance minister provided the much-awaited relief to taxpayers by raising slabs. If…

How to invest amidst growth versus inflation conflict

It is getting dizzy out there. Last week, The Economist, a weekly publication from London, warned that the inflation problem in America is not fixed yet. That is despite a sharp surge in share prices and growth. Morgan Stanley, a global bank, sent a note suggesting that equity investors are shrugging off risks about a…