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Capex push to have trickle-down effect; STT hike a negative: Raamdeo Agrawal

India's Finance Minister Nirmala Sitharaman has announced a significant tax holiday for foreign companies establishing data centers in India until 2047. This move aims to attract global investment and boost economic growth. The budget also focuses on fiscal consolidation and increased government spending on infrastructure. However, proposed changes to stock transaction tax and buyback taxation have raised concerns among investors.

2 Feb 2026 5:40 am