Budget 2025: Brokerages Anticipate Growth Stimulus and Tax Reforms

Finance Minister Nirmala Sitharaman is set to present India's Union Budget 2025 on February 1, with brokerages expecting measures to stimulate economic growth. Key expectations include income tax cuts to boost consumption, expansion of the Production-Linked Incentive scheme, and a 10% increase in capital expenditure. While fiscal prudence is anticipated, slower public spending could impact markets. Sectors like consumer staples, agriculture, and infrastructure may benefit from potential budget allocations. Investors are closely watching for reforms that could shape India's economic landscape in the coming year. Source: Reuters