Vivek Banka, Co-Founder – GoalTeller one-app solution to manage your investments, savings, goals, insurance policies and more said ““ Though fairly uneventful as over the past many years, the budget has a few takeaways 1) Increased focus of the government on the new and Simplified tax regime and focus on spending rather than savings, 2) Plugging tax loopholes that especially HNI’s used to exploit loopholes ( Market Linked Debentures and Insurance) and lastly continued focus on infrastructure and agricultural economy. All worries about capital gains turned out to be thankfully a damp squib. All in all an excellent budget with continued focus on what we’ve been seeing last many years
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