Santosh Meena, the Head of Research at Swastika Investmart, commented that the Budget 2024 presented a blend of anticipated and unexpected measures. He noted that while capital expenditure and the fiscal deficit target remained stable, the substantial changes to tax policies—especially the increases in Long-Term Capital Gains (LTCG), Short-Term Capital Gains (STCG), and Securities Transaction Tax (STT)—could significantly influence market sentiment.
Wanted to simplify': Nirmala Sitharaman defends capital gains tax changes(India Today)
Market stages a smart recovery post Budget crash; Sensex swings 1,500 pts(Fortune India)
