The excise duty has been reduced on many items. So it will benefit many companies. So the share prices of such companies will increase. After the people understand the Budget properly, the share market will improve tremendously. Thus there will be a great positive effect on the share market. The exemption limit for all the individuals has been increased and the slab rates have been reduced to a great extent. Thus the Budget,2008 is very good for all. All the people will benefit from the budget either directly or indirectly. - MAHENDRA SADLANI. C.A.
