1/ #FoodForThought: Will the economic decisions of February 2023 shape India's future?
With #Budget2023 announcement, inflation numbers, and a potential US Fed rate hike due, February feels like a game of chess where each move can make or break the country's financial future.♟
With #Budget2023 announcement, inflation numbers, and a potential US Fed rate hike due, February feels like a game of chess where each move can make or break the country's financial future.♟
2/ The first Federal Reserve meeting of 2023 is coming up on February 1st, and it's set to be a big one.
Fed's hawkish tone hints at another #InterestRate hike. 🚀
Fed's hawkish tone hints at another #InterestRate hike. 🚀
3/ As the interest rates move, Consumer Price Index in #India is also projected to decline about 5% in the first quarter & more over the upcoming quarters of 2024. 📉
4/ And let's not forget the budget; it's like the cherry on top of a financial sundae - it can make or break the economy. ⚠️
5/ #Budget2023 will show the way on -
✅ GDP growth trajectory
✅ Proposed changes in income tax exemptions & deductions (Section 80C, 80D etc)
✅ Reconsideration of the current tax structure for crypto
✅ Projected push to infrastructure spending
✅ GDP growth trajectory
✅ Proposed changes in income tax exemptions & deductions (Section 80C, 80D etc)
✅ Reconsideration of the current tax structure for crypto
✅ Projected push to infrastructure spending
6/ February 2023 could be the month of financial fireworks! So hold on tight, for this could be a wild ride.🚴♀️
7/ Which sector will witness the most significant reforms in Budget 2023, according to you❓
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