The Budget and Your Investments

Updated on: 7 February 2024 6:02 pm

Common investment options	Budget proposal	Impact	What you should do
Senior Citizens’ Savings Schemes	Section 80 C benefits	A new tax-saving option for senior citizens	Use it as a low-risk option to save tax
Post Office Time Deposits	Section 80 C benefits	A new low-risk tax saving option	Use it as a low-risk option to save tax
Liquid funds	No proposal	No new impact	Use it along with fixed deposits for emergencies
Debt funds	No proposal	No new impact	Consider it only when interest rates start falling
Balanced funds* (* Equity-oriented)	Impact of new short-term capital gains tax: 17%	Withdrawals within a year become costlier	Stay invested for the long term
Equity funds	Impact of new short-term capital gains tax: 17%	Withdrawals within a year become costlier	Stay invested for the long term
Equity Ulips	Service tax on Ulip AMCs	Higher costs likely for insurance companies	Returns likely to suffer
Stockmarket	Excise cuts in pharma and auto; govt agri spending	Auto, pharma, FMCG stocks likely to benefit	Look out for stocks in these sectors
Real estate	Enhanced provision of Rs 6,866 crore under JNNURM	Boost to infrastructure in smaller cities	Rise of real estate investment opportunities in smaller cities