Tulsian expects the rally in PSU banks to continue up until the Budget. Most of the public sector banks are expected to report Q3 numbers post-Budget, so there is no negative trigger as such.
16 Jan 2017, 4.29 pm | Source: CNBC-TV18
Sunil Singhania, CIO-Equity Investment, Reliance Mutual Funds says Indian investors have been very mature and positive towards the market. They have absorbed all the FII selling that has taken place, says Singhania.
16 Jan 2017, 4.28 pm | Source: CNBC-TV18
One can foresee that the short-term impact on GDP, triggered by demonetization, and the impending elections in four states of the country, will majorly impact the policies of this year’s budget
16 Jan 2017, 4.22 pm | Source: Moneycontrol.com
"Given that growth is stagnating at about 4.5 percent in the old GDP series, we have always believed that the Centre should relax fiscal deficit to combat a global recession that could prove to be longer than the Great Depression,...
16 Jan 2017, 3.49 pm | Source: PTI
Govt unlikely to change GAAR’s implementation date; amended CBDT rules have “grandfathered” investments made before April 1, 2017 exempting these from the anti-avoidance rule
16 Jan 2017, 3.48 pm | Source: Moneycontrol.com
Post the Budget there is no rush for foreign money to flood in to the market, instead even if the source of FII selling dries up and domestic investors remain emboldened, encouraged due to the Budget provisions, there is a reasona...
16 Jan 2017, 3.48 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Ketan Dalal, Senior Tax Partner at PwC India, said while the general anti-avoidance rule should not be feared as people are already familiar with the contours of it, its implementation needs to monitored clo...
16 Jan 2017, 3.42 pm | Source: CNBC-TV18
"No. Nothing," he replied when asked if he thought that the government needs to do something as some argue that real estate and gold are among the biggest generators of unaccounted wealth.
16 Jan 2017, 3.34 pm | Source: PTI
The upcoming Budget will fire up the economy and results of the government's efforts will be visible with the Sensex going beyond the 50,000-mark in next 3 years, said Rajen Shah, Chief Investment Advisor at Tradebulls Group.
16 Jan 2017, 3.30 pm | Source: CNBC-TV18
The ministry has already suggested the finance ministry to consider raising tax holiday for start-ups to 7 years from the current 3 years to encourage budding entrepreneurs.
16 Jan 2017, 3.17 pm | Source: PTI
The credit rating agency expects the government to renew its commitment to increase capital spending and address the short-term disruptive impact of demonetisation in the Budget to be unveiled on February 1, 2017.
16 Jan 2017, 1.36 pm | Source: PTI
On a comparison of income threshold and peak rate of a few countries, it is observed that the income threshold considered for peak rate as well as the maximum tax rate in India is on the higher side.
16 Jan 2017, 12.18 pm | Source: Moneycontrol.com
The Finance Ministry is likely to finalise capital infusion plan for public sector banks (PSBs) this week based on the request of various lenders which have been impacted by demonetisation amid rising bad loans.
16 Jan 2017, 10.03 am | Source: PTI
Finance Minister Arun Jaitley may address the transient pain of demonetisation by cutting corporate tax rates when he presents the Budget for 2017-18 in just over two weeks time.
15 Jan 2017, 11.41 pm | Source: PTI
Besides the clearly defined road map for GST roll out, the government may take steps to bridge the gap between the current tax rates vis-à-vis the probable rate in GST so that the negative effect of inflation on introduction of G...
15 Jan 2017, 2.18 pm | Source: Moneycontrol.com
In a pre-Budget discussion on CNBC-TV18, Sajjid Chinoy, Asia Economist at JPMorgan, A Prasanna, Economist at ICICI Securities and Rathin Roy, Director and CEO, NIPFP listed their views on how the policy framework should be this ye...
15 Jan 2017, 1.05 pm | Source: CNBC-TV18
The railway ministry may push for a special levy on train fares to create a dedicated Rs 1.2 lakh crore safety fund; finance ministry likely to finance 25 percent of the this fund
15 Jan 2017, 11.22 am | Source: Moneycontrol.com
Definition of long-term could be widened to align the investment lock-in threshold with many matured economy markets; new rule may be compatible with amended tax treaties with Mauritius and Singapore
14 Jan 2017, 11.41 am | Source: Moneycontrol.com
In an interview to Moneycontrol, Amitava Mehra, CEO, IMGC, says he expects Finance Ministry Arun Jaitley to take measures to boost home sales.
14 Jan 2017, 9.40 am | Source: Moneycontrol.com
Speaking to CNBC-TVC18, Russell Napier, Co-founder of ERIC said demonetisation is a major and brave move, but it came at a bad time. Cash restoration is taking more time than anyone would have thought.
13 Jan 2017, 7.12 pm | Source: CNBC-TV18
Asked about his wishlist for the Budget - to be unveiled on February 1 - Ashwani Kumar, Chairman and Managing Director, Dena Bank told PTI, "We want more tax concessions for customers and shopkeepers who go digital. The incentives...
13 Jan 2017, 3.39 pm | Source: PTI
Watch Manisha Gupta of CNBC-TV18 speaking about the expectations from the Budget for the gems and jewellery space.
13 Jan 2017, 2.29 pm | Source: CNBC-TV18
"Due to spurious gold entering the country through smuggling, our exports will be termed as non-complaint under Organisation for Economic Co-operation and Development (OECD) rules of sourcing conflict free gold," he added.
13 Jan 2017, 9.48 am | Source: PTI
Exporters are pinning their hopes high on the Union Budget for 2017-18 for decisive fiscal measures which would act as a stimulus to revive the economic sentiment that had seen a short-term impact of demonetisation, Bhasin said.
13 Jan 2017, 9.03 am | Source: PTI
Payments through digital channels including internet banking, debit card and credit card are likely to become cheaper. The Union Budget, which will be presented on February 1, is likely to announce tax rebates on such transactions...
12 Jan 2017, 7.19 pm | Source: Moneycontrol.com
This will give Finance Minister Arun Jaitley and Prime Minister Narendra Modi the leeway to counter the economic downturn of demonetisation.
12 Jan 2017, 4.16 pm | Source: NEWS18.com
One can expect the government to announce a marginal cut to the headline corporate tax rate along with a clear roadmap detailing the manner in which the proposed reduction and incentive phase out will be achieved.
12 Jan 2017, 3.25 pm | Source: Moneycontrol.com
The move, which finance minister Arun Jaitley had first announced in 2015, will signal the beginning of reforms of one of India's complex tax systems that had become mired in layers of exemption and sops over the years, making it ...
11 Jan 2017, 9.14 pm | Source: Moneycontrol.com
Some of the proposals may draw upon the recommendations that a Securities and Exchange Board of India (Sebi) panel on Alternative Investment Funds(AIFs) headed by Infosys founder NR Narayana Murthy had made last year.
11 Jan 2017, 9.13 pm | Source: Moneycontrol.com
The government is working on the assumption that in times of cash crunch, the best way to achieve higher spending is by raising disposable income through tax breaks.
11 Jan 2017, 9.13 pm | Source: Moneycontrol.com