Budget
2026-27: 3 great positives and two
negatives..!
The Budget 2026-27 Quote by Akshay
Gupta, Director, Primes Securities Ltd.
The budget
aims to balance critical sector infrastructure requirements by providing
incentives with fiscal prudence as indicated in the debt to GDP numbers.
The 3
great positives are 1) Rationalisation in Income tax processes and assessments
2) Rationalisation of TCS and TDS for overseas expenses/remittances and NRI
property sale and 3) Focus on Critical minerals, semi-conductors, Agri
infrastructure and fisheries.
The two
negative reactions triggering aspects specifically for markets are
- STT increase in
derivatives-space (in line with SEBI report on retail investor losses)
impacting equity markets and
- Higher than expected
Government borrowings impacting debt markets.