Finance Minister Nirmala Sitharaman’s budget speech introduced significant changes in income tax slabs to boost consumption demand. The strategy aims to foster economic growth without compromising fiscal discipline. The focus is on job-intensive growth through MSMEs, although concerns about primary education and disinvestment remain.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased