Union Budget 2019: FMCG, consumer durables stocks may log gains as govt likely to announce relief in income tax
Finance Minister Nirmala Sitharaman will present her maiden Union Budget 2019 on July 5, which will be keenly watched by the Dalal Street. In order to kick start the economy, and to encourage investments, Sitharaman may raise income tax exemption limit for an individual income tax payee, which can boost consumption-based stocks.
Last Updated: July 5, 2019 | 10:22 IST
Companies in the FMCG and consumer durables segment will look out for announcements made regarding income tax slabs and direct taxes.