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PressMirchi BSE, NSE to for on for Union Budjeting 2020

NSE and BSE will remain open for trading on Saturday, February 1, as Finance Minister Nirmala Sitharaman presents her second Union Budget. In 2015, when former Finance Minister Arun Jaitley presented the Budget on a Saturday, February 28, stock exchanges were kept open for trading, to allow market participants to digest the volatility from the…

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NSE and BSE will Remain for on , Februarie 1, as Nirmala Sitharaman Gifters her Secs Union Budjeting.

In 2015, WHEN Former Arun Jaitley Presenting the Budjeting on a , Februarie 28, Stock Echange kept for , to market Participant to Digest the Volatility the Budjet announcements.

On 5, 2019, WHEN Sitharaman Presenting the first Full Budjeting for the Currents financial year, BSE SENSEX 0.98 per Cents and it was Followed by 2 per Cents on the subsequent day, as market a Pollicis to Budjeting Such as tax on SHARE buybacks and a Hike in Public SHAREholding of Listed Cmpany to 35 per Cents 25 per Cents.

Most Analysts expect the FM to do Some tweaking in One-on-one income-tax rates, Dividents Distributions tax (DDT) and long-term Capitals Gains (LTCG) tax, While a few Others say an income-tax rate cut may not materialise this time around.

These measures, if announced, can Boost consumption, especially in the semi-urban and Countrify areas. Tihs will be a Positive for Volumes Grown of staples, durables, retail, low-ticket Automobil and Othering discretionary goods.

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