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Budget 2021: Expect no major changes on taxation front, says Prateek Agarwal

Updated : January 27, 2021 03:15 PM IST

Prateek Agarwal, Business Head and CIO of ASK Investment Managers discussed the fundamentals of the market and the upcoming union budget in an interview to CNBC-TV18.

“On the taxation front, I expect this to be a no-change budget. If this is the outcome then there will be relief rally after the budget,” he said.

“We will see some amount of public-private partnership in many of the problems which are there, lower interest rates will help, InvITs is a great improvement – it has been done three years back, now we will see more and more of it getting used – I would believe we will see a reasonable amount of success. A lot of the disinvestments may happen that way,” he said.

“There can be lot of ideas but I am of the camp that doesn’t want the government to do too much on its own, I am in the camp which wants the government to put the framework, catalyze it and let the people do the rest of the job for themselves,” Agarwal mentioned.

For more, watch the video

Published : January 27, 2021 03:15 PM IST

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