Budget 2025: No Major Changes Expected in Budget, Says Samir Arora [Video]

Samir Arora, Founder and Fund Manager at Helios Capital Management, discusses the upcoming budget. He highlighted that, for the first time in years, there’s zero probability of a capital gains tax hike, which is a relief. Arora emphasised that reduced budget speculation, due to reforms like GST, limits drastic tax adjustments, making the event less volatile.

While he expects minimal changes, he hinted at possible middle-class relief through adjusted tax brackets, offering modest annual savings. Arora stressed that corporate results, not Trump 2.0, remain a key pressure point for Indian markets.