The Union Budget is an important event for investors as it gives insights into the government’s economic and financial plans. The Budget outlines the government’s revenue and expenditure plans, tax policies, and allocation of resources, which can directly affect various sectors of the economy and, in turn, the performance of individual companies. The Budget can also impact interest rates, inflation, and the economy’s overall direction, all of which are essential factors for investors when making investment decisions.
Let’s have a quick look at the key takeaways from Budget 2023 and understand how investors need to evaluate the potential return on their investments and make informed decisions:
Astha Raut has spent more than two years at KredX following the latest developments in the world of finance and logistics. An English major, Astha has written extensively on market interventions and policy changes, focussing on their impact on our platform. Her expertise in both finance and writing lets her provide insightful analysis and commentary on the dynamic intersection of the two fields. You can reach her through LinkedIn.
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