Budget 2025: Samir Arora expects relief for middle class tax payers

Samir Arora, Founder and Fund Manager at Helios Capital, expects Budget 2025 to bring some relief for middle-class taxpayers. Since the government lowered corporate taxes in 2019, it is logical to expect a similar measure for individual taxpayers.Among sectoral and stock bets, he remains sceptical on consumer staples, as consumer preferences have evolved beyond traditional upgrades like soaps and household items.

He highlighted that private labels and changing consumer behaviours, including the desire to showcase purchases on social media, have shifted market dynamics.

Also Read | PM Modi says Nari Shakti and women empowerment will be key focus area in this Budget SessionWhile 2025 may remain challenging for the markets, he remains optimistic about India’s potential, noting that his funds continue to receive substantial inflows. As long as global markets remain stable, India will not experience a significant downturn.

Also Read | RBI’s liquidity move does not necessarily signal a rate cut: CLSA India strategist

Arora emphasised the importance of a diversified investment approach rather than being overly influenced by market trends. “I don’t want the market to decide for me. I will have a mix and, maybe on the margin, make decisions based on results,” he said.

“There is no need to be a prisoner to the market and wait five years for my turn to come,” he concluded.

For the full interview, watch the accompanying video

Catch all the latest updates from the stock market here

Catch all the latest updates from the Economic Survey here