https://www.taxtmi.com/news?id=32261 Markets opened higher ahead of the Union Budget as investors anticipated personal income tax relief to spur consumption, but observers cautioned limited fiscal space makes substantial relief unlikely. Emphasis is on growth-stimulating measures rather than capital gains tax changes, with any immediate market reaction expected to be short-lived. The pre-Budget Economic Survey flagged moderated growth and recommended deregulation and reforms in land and labour to revive potential growth, while foreign institutional selling and softer global cues also influenced near-term sentiment. en-us Sat, 01 Feb 2025 10:01:02 +0530 Sat, 01 Feb 2025 10:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32261 Markets opened higher ahead of the Union Budget as investors anticipated personal income tax relief to spur consumption, but observers cautioned limited fiscal space makes substantial relief unlikely. Emphasis is on growth-stimulating measures rather than capital gains tax changes, with any immediate market reaction expected to be short-lived. The pre-Budget Economic Survey flagged moderated growth and recommended deregulation and reforms in land and labour to revive potential growth, while foreign institutional selling and softer global cues also influenced near-term sentiment. News - Sat, 01 Feb 2025 10:01:02 +0530 https://www.taxtmi.com/news?id=32261