The banking sector looks forward to relaxed norms on non-performing assets to mitigate pandemic-induced challenges. The finance sector expects the budget to address cybersecurity measures, given the rise in digital transactions. I anticipate special provisions for real estate investment trusts (REITs) to make them more attractive to investors.
I also expect the budget to offer tax incentives for first-time homebuyers, driving growth in the real estate market. There is a significant need for the budget to focus on enhancing digital payment infrastructure. I believe there will be increased budgetary allocation towards affordable housing, which is crucial for economic stability.
