Forecasting the shape of the Union Budget 2021

An economy recovering from the ravages of the pandemic makes FY22 one of the most important budgets for India, in recent years. A one-time cess on the super-rich should not be ruled out. But there will also be incentives to boost consumer spending too. Corporate growth is coming back on track so for the first time in several years, private capex growth could become a reality, which could help revive growth.