Ace investor Vijay Kedia struck a humorous yet pointed note on Budget Day 2026 by breaking into a playful song aimed at the Finance Minister Nirmala Sitharaman,
highlighting investor concerns over rising taxes and market levies. His light-hearted performance quickly caught attention on social media and market circles, adding a moment of levity to an otherwise tense Budget Day atmosphere. During a live interaction, Kedia jokingly said he had “no words, only a song” for the Finance Minister, before singing lines that referenced STT (Securities Transaction Tax), STCG (Short-Term Capital Gains tax), LTCG (Long-Term Capital Gains tax) and dividend taxation. In a satirical tone, he questioned how investors are expected to cope with multiple layers of taxation, blending humour with a serious message on the growing tax burden on market participants. His performance drew laughter but also resonated with retail and market investors, many of whom echoed similar concerns about transaction costs and tax pressures in the capital markets. Meanwhile, Kedia told ET NOW that the government should follow the Economic Survey’s recommendations on providing fiscal stimulus. – MSMEs are the growth engine of India. – Limited credit availability and corruption are key issues hampering MSMEs growth – He has advised investment with a long-term horizon of 5-10 years. – Bullish on silver. Silver is not for the faint hearted. – Over the long term, the metal could perform well
MSME Role
The Micro, Small, and Medium Enterprises (MSME) sector plays a major role in India's economic and social development. They are a significant contributor to the economic and social development of the country as it contributes 29 per cent to GDP (2021-22), 36 per cent to Manufacturing Output (2021-22) and 44 per cent to the exports (2022-23).
It is the second largest employer after Agriculture and employs about 11.1 crores people spread across manufacturing, trade, and service sectors. So far, 6.45 crore (as on 11 June 2025) MSMEs have been registered (including Informal Micro Enterprise registered on Udyam Assist Platform).
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
