💨 Abstract
India's Finance Minister Nirmala Sitharaman's budget for 2025-26 aims to boost the middle class' spending power, encourage inclusive development, and strengthen private investment. The budget had mixed reactions in the stock market. Consumer goods, automakers, and real estate sectors saw gains, while infrastructure-related stocks slumped. Notably, no tax hikes were imposed on tobacco products, and the threshold for tax-free income was raised.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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