Like we had discussed after the budget announcements for people under the new tax regime, it has become a relatively more attractive situation in FY23-24 as compared to the new tax regime for let us say FY22-23. So, one is you have a higher rebate for income up to 7 lakhs per annum.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings