The Union Budget 2025 announced the landmark tax slab amendment, and invested more money in the hands of the middle class consumers. Reports of ICICI Securities and Investake suggest that discretionary expenses are likely to see immediate boost, the consumer staple may not benefit that much.
Investake said that the budget directly promotes urban consumption, in which significant income tax savings are up to Rs 1.1 lakh per person. It especially benefit middle class consumers and high -income earning people, holding the firm.
Since discretionary companies like Titan in jewelery, United Spirits, Radico Khetan in Alcohol, and Nykaa in Beauty Space-are largely urban-operated, these categories according to brokerage, grocery items and domestic are more than daily staples, according to brokerage. Stand to do ,
(Tagstotransite) Budget 2025
