Mrs. Nirmala Sitharaman is going to present her first budget as finance minister on 5th July 2019. This budget may see growth focused and increase consumption stimulation with tax relief announcements.

Here are few key focus area with expectation of market from FM to deliver in this budget :

NBFC’s Crisis :As non banking financial companies plays major role in funding infra projects; which is a key focus area of Modi government, expectations are that Government may inject fund to ease liquidity crunch hovering around NBFCs.

For Agricultural Sector :Increasing farmer’s income agenda was in lime light during 2019 election campaign, so it is very likely that government will focus on reforms that will lead to prioritization this sector

Housing for All :Government target to built 5 cr homes in 5 years. FY 18 Budget announcement of building 51 Lakhs houses in rural areas. GOI taken various steps in affordable housing,(reduced GST in last financial budget). In FY19 budget, increasing interest repayment exemption on home loans from Rs.2 Lakhs may be another steps towards this sector.

Taxation Slab expectations :Government not in any position to give tax benefits to individual or companies. On the contrary, may try to shore up revenues by introducing or increasing some taxes or remove tax exemptions.

Automobile Industry :Automobile is another sector which is facing challenges as auto sales are down and in lowest comparing last 2 decades. Under Green initiative, Government is pushing use of Electrical Vehicles and low emission vehicles, to re-energize this space FM can announce reforms in import duties of various components in Indirect space, while in Direct space can subsidies sector through additional deduction for capital expenditure, R&D expenses etc.

These are brief pre-budget assumptions. Many issues like slowing economy, increasing trade war tensions, tensions across borders, Current account deficit , disinvestment plan etc will be areas to listen on.

Disclosure :All discussion above are just predictions only & article is based on assumptions of market & market experts.

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In order to enhance investor awareness, transparency and ease of access to information relating to securities holdings, the Depositories, in co-ordination with SEBI , have upgraded their respective investor applications (link of mobile application mentioned below) providing a consolidated, bird’s eye view of investors’ holdings in securities markets.

The above mentioned applications of CDSL and NSDL has following features;

Internet-enabled services like Speed-e (NSDL) empower a demat account holder in managing his/her securities ‘anytime-anywhere’ in an efficient and convenient manner and submit instructions online without the need to use paper. These facilities allows Beneficial Owner (BO) to submit transfer instructions and pledge instructions including margin pledge from their demat account. The instruction facilities are also available on mobile applications through android, windows and IOS platforms.

Account opening through digital mode, popularly known as “On-line Account opening”, wherein investor intending to open the demat account can visit DP website, fill in the required information, submit the required documents, conduct video IPV and demat account gets opened without visiting DPs office.

As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the SEBI/Exchange’s website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.

SEBI: https://investor.sebi.gov.in/ BSE: https://www.bseipf.com/investors_education.html NSE: https://www.nseindia.com/invest/how-to-invest-in-capital-market MCX: https://www.mcxindia.com/Investor-Services/investor-awareness

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