Sectoral winners and losers of Union Budget 2021
Experts point out that health and infrastructure are the keys to economic growth and the government s emphasis on them will drive growth, increase employment and boost overall consumption. February 02, 2021 / 02:44 PM IST
The Union Budget 2021 pleased the market as the equity barometer the Sensex and the Nifty rose about 5 percent on the Budget day.
The absence of negative surprises cheered the market. There was no wealth or super-rich tax, direct tax tweak, long-term capital gains tax, securities transaction tax, or a COVID tax in the Union Budget 2021.
Moreover, the Budget was seen as a long-term positive for the economy.