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:
