Tariff Shock Nearing Peak, Budget Must Prioritise Foreign Capital: Divam Sharma
Business
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Moneycontrol•10-01-2026, 06:56
Tariff Shock Nearing Peak, Budget Must Prioritise Foreign Capital: Divam Sharma
- •Divam Sharma of Green Portfolio PMS believes tariff-driven disruption is peaking, not beginning a long cycle.
- •He suggests the Union Budget 2026 should offer tax holidays/incentives for FDI in strategic sectors to attract foreign capital.
- •Sharma advocates for reducing or waiving short-term and long-term capital gains tax, especially for overseas Indians.
- •Despite global headwinds, India's domestic fundamentals (consumption, macro indicators, FTAs) remain constructive.
- •Defence sector is expected to attract capital in 2026 due to increased domestic spending and export opportunities.
Why It Matters: Tariff shocks are peaking; India's Budget 2026 must attract foreign capital through tax reforms and incentives.
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