Union Budget 2019: Fiscally prudent with a longer term vision
Updated : July 05, 2019 06:12 PM IST
The government's discipline with the RBI mandate on inflation targeting will be well accepted by longer-term foreign investors.
India has one of the highest real interest rates, and moves to reduce the interest burden on the entire economy are welcome.
There was no mention of introduction of estate tax, which is a welcome relief.