When Nirmala Sitharaman presents the budget on Saturday, she is expected to outline the Centre’s plans to deal with challenges posed by the slowdown and achieve the $5 trillion economy target by 2025. Mint looks at what to expect in the budget for the year starting 1 April. When we fall asleep, where do we… Continue reading Budget: When short on options, where do we go?
Madhur SinghalRising wholesale and consumer inflation and a general slowdown in consumer demand have affected India’s GDP growth. However, one year down the line, we can foresee a consumption revival and revitalisation of the economy with concerted efforts from the government and industry alike. Some key areas and measures listed below can help create a… Continue reading Budget 2020 | How can the government revive animal spirits?
While the government is focusing on increasing compliances to bridge the gap, who knows what lies in future if it does not yield the intended results Goods and Service Tax (GST) was introduced two and a half years back replacing various indirect tax laws like excise duty, service tax, value-added tax, etc. It also saw… Continue reading What can GST Council do to augment tax collection; these are the key trends to watch out for
By Jimmy Patel Over the years, the union budget has increasingly become less important for the long-term equity investors (1991-92 budget speech by Dr Manmohan Singh stands out in that context). Several policy decisions impacting the economy and thereby equity markets have moved out of the budget like, post the GST implementation indirect tax changes… Continue reading Hope capital gains tax and STT will go: Jimmy Patel of Quantum Mutual Fund on Budget 2020
Other News RBI Watch: Govt has no basis to invoke FRBM Act escape clause FY20 Thursday, Jan 30 By Siddharth Upasani That the Centre’s finances are in shambles is no secret. The fiscal deficit breached the full-year target by more than a trillion rupees in Apr-Nov itself. And the full force of September’s corporate tax rate cut… Continue reading TREND: Data shows it is advantage manufacturing states under GST
Cogencis, Wednesday, Jan 29States have had a mixed experience under the goods and services tax regime so far. But contrary to expectations, it is the producer states that have fared well, while consumer states have been laggards in terms of GST collections. By Pratigya Vajpayee and Adrija ChatterjeeNEW DELHI — When the goods and services tax was… Continue reading Data shows manufacturing states’ edge under GST
It is a significant time for everyone as the year comes to a close – not only 2019 is ending, with it ends the decade that has witnessed radical tax reforms under the Indian economy. These reforms established the regime of the biggest indirect tax under the notion of one nation, one market and one… Continue reading Goods and Services Tax-What’s in store for 2020
This new tax has been a demand for the domestic players for a long time to bring imported goods at par with domestic goods. 1489594985_PU8wp2_trade.jpg The Modi Government 2.0 will be presenting its second Union Budget on 01 February 2020. The Government has aimed for a $5 trillion economy by 2024. With decreasing GDP and… Continue reading Border Adjustment Tax On Imports Likely To Be Announce
Developing tourism infrastructure and lowering the tax slab in the mid-market segment is the need of the hour to boost the hospitality sector. 1580297634_yzVw8f_Ankur_Bhatia_s_Profile_Picture.jpg Tourism is for the most part underpenetrated in India and hotels are the main component in travel and tourism.A full-blown infrastructure status for the hotel sector, further rationalisation of the Goods… Continue reading Infrastructure Status Required
A trend seen in the market lately is that the rally has narrowed as it progressed. Since 2009 when everything was rising to now when select few stocks are seeing all the action, it is a contrasting trend we are seeing of a bull market narrowing as it matures. How would you explain this anomaly?… Continue reading Smallcaps, midcaps to outperform Nifty; pharma earnings may surprise: V Srivatsa, UTI MF