Budget Highlights Need For Advice

Union Budget 2023 laid special emphasis on the new tax regime, as it made several announcements related to that. In a post-Budget panel discussion, experts threw light on what these announcements mean for the tax payer and how they should navigate their investing journey in the light of the changes. The experts who were part of the discussion were K.S. Rao, head, investor education and distribution development, Aditya Birla Sun Life Mutual Fund; Amit Trivedi, financial advisor and blogger; and Kiran Telang, a Sebi-registered investment advisor. The discussion was moderated by Nidhi Sinha, editor, Outlook Money. Main Takeaways Rao found the Budget a pragmatic one, which paved the way for the next 25 years of “Amrit Kaal”. “Finance Minister Nirmala Sitharaman took every opportunity to ensure macroeconomic stability. It also focused on growth and job creation, and it...