As Union Budget 2025 nears, Sachin Jain, Managing Partner of Scripbox, has emphasized the need for tax relief measures to encourage long-term equity investment while discouraging speculative trading that distorts retail participation.
“Equity participation in India has always been low, but regulatory and government efforts have created a safe, compliant, and digital investment environment that supports the country’s long-term growth vision,” Jain stated. However, he noted that rising transaction costs and taxation pressures have impacted serious industry players while fueling leveraged trades and unsuitable products.
Jain believes the budget can play a crucial role in shaping investor behavior by offering higher tax relief for senior citizens, particularly in debt investments, and incentives for long-term equity holding to encourage wealth creation through compounding.
He also called for government support for infrastructure funding through REITs & InvITs, which could attract greater investor participation. At the same time, he urged higher taxation on speculative and unregulated products to curb unsustainable trading practices that distort market dynamics.
With the Union Budget 2025 expected to bring key financial reforms, the investment industry anticipates measures that will boost retail investor confidence, support long-term wealth creation, and enhance participation in structured investment products.