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 termEquity fundsImpact of new short-term capital gains tax: 17%Withdrawals within a year become costlierStay invested for the long termEquity UlipsService tax on Ulip AMCsHigher costs likely for insurance companiesReturns likely to sufferStockmarketExcise cuts in pharma and auto; govt agri spendingAuto, pharma, FMCG stocks likely to benefitLook out for stocks in these sectorsReal estateEnhanced provision of Rs 6,866 crore under JNNURMBoost to infrastructure in smaller citiesRise of real estate investment opportunities in smaller cities