2 years, 11 months ago
Explained: How budget impacts stock market activity
India TodayFinance Minister Nirmala Sitharaman is all set to present the Union Budget 2022 in Parliament on Tuesday. MOVEMENT OF STOCKS If the share market perceives the Union Budget positively, the stocks are set to go up. EXEMPTION IN INCOME TAX If FM Sitharaman in her budget speech announces changes in income tax slabs or increases exemption limits, the stock market will be on the positive side. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy, which is forecast to grow at a healthy 8-8.5 per cent growth in the 2022-23 fiscal.
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