The Budget sets the stage for the coming financial year and beyond. And while several announcements are made related to different industries and sectors, there are very few things that will impact our personal finance and more specifically our savings and investments.
I agree that budgets have an occasional announcement or two that impact different aspects of our financial life. These may be changes in tax slabs, hike or reduction (hopefully) in capital gains taxes, the launch of new savings instruments, etc. and we must be aware of the same. But, more or less, nothing dramatic happens. Broadly, we don’t need budgets to plan our investments.
So, Budget is a non event if you are a long term investor and you may not plan your investments based on the same.
Happy Investing!
R♥Vi
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