ICICI Direct
February 1, 2025 at 07:03 AM
*No income tax on income up to ₹12 lakh ➝ More disposable income for taxpayers.*
Positive impact:
✅ Auto sector, especially Two-Wheeler & Passenger Vehicle space, as higher disposable income could drive demand.
✅ Consumer staple companies, as increased rural and urban consumer sentiment is expected due to tax relief and agricultural scheme benefits.
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