Angel Tax Abolished & Hike In LTCG: Is This a Dream Budget for Private Investors Due to Tax Parity?

The discussion centered on the recent budget's impact on private investors and the investment landscape. Gopal Jain and Rahul Basin assessed the budget positively, highlighting tax reforms like the removal of Angel tax and capital gains tax adjustments as significant boosts for private investors. They both noted that the "funding winter" or market correction is easing, with increasing investments as valuation mismatches narrow.

#unionbudget2024 #capitalgainstax #angeltax

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