Budget 2024 announcements which could potentially benefit the company ( causing recent rise in stock price).
- NPS Employer Contribution revised from 10% to 14% of basic, in the New Tax Regime. (Since this is one of the few exemptions available in New Regime, more people would consider this option to save tax).
- ‘NPS Vatsalya’ – New NPS scheme for children.
- Govt.’s plan for digitilization of land records (urban and rural).
What is the outlook for this stock in near future?
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