In this year's Budget, the government strategy will most likely to clearly focus on creating value for CPSEs.
While Budgets, at one level, are just statements of income and expenses, in India, the Budget speech is also the government’s statement of policies and intent and with FY19 being the last year of the National Democratic Alliance (NDA) government’s term and with a rather strong rejection by some voters in rural districts in Gujarat, the Budget 2018 is expected to have a farm focus.
The Budget 2018 is upon us and start-ups in India have one key demand - clarity on taxation. Over the last few weeks, a slew of companies has been hit with tax notices. Most of these cases relate to fund-raising by start-ups from friends and family and individual angel investors or domestic angel networks like the Indian Angel Network (IAN) or Mumbai Angels who are not registered with Securities and Exchange Board of India (SEBI) as AIFs or alternative investment funds.
The focus on infrastructure must continue, the focus on ease of doing business must continue, the focus on creating a more dynamic rural economy must continue, said Munjal
The Budget 2018 should focus on MSP linkage to become more flexible, link MNREGA subsidy to labour costs and subsidise implements like rotavators, tillers etc., said A Vellayan, CMD, Coromandel International.
In an interview with CNBC-TV18, Sunil Subramaniam, CEO of Sundaram Mutual Fund discussed the mutual fund (MF) industry wish-list and their expectations from Budget 2018.
Expect an announcement in terms of Gold Board because there is no ministry representing the gold and jewellery sector, said Sanjeev Agarwal, CEO, Gitanjali Export.
In what is a boost for the bond market, government re-assessed additional borrowing needs. In an interview with CNBC-TV18, Ashish Parthasarthy, Treasurer at HDFC Bank and Sahil Kapoor Chief Market Strategist at Edelweiss Broking discussed the impact.
The Budget will take care of this year is the re-introduction of benefits under section 88E for our members. We believe this will go long way in terms of boosting both the volumes and the confidence in the overall commodity markets in terms of volume as well, said Mrugank Paranjpe, MD & CEO of MCX
These veteran investors in the industry give their two cents on all things startup, right from the conceptualization of the business model for a startup, the technology behind startups and what is the relationship between the capital investors, startups and growth.
An eminent panel of experts put forth their expectations from forthcoming Budget 2018 in a special discussion conducted by Moneycontrol.
Maintaining fiscal stability, balancing both fiscal and economic growth key, said Former RBI Governor, Bimal Jalan.
In an interview with CNBC-TV18, Deepak Jain CFO of AU Small Finance Bank spoke about the latest happenings in his company and sector as well as his expectations from Budget 2018.
From the Budget 2018, the expectation is that government will focus on fiscal deficit, revenue enhancement, said Tushar Pradhan, CIO, HSBC Global Asset Management (India).
Top economists meet Prime Minister (PM) Narendra Modi at the Niti Aayog - a seven-member committee recommends bringing back a long-term capital gains tax (LTCG). In an interview with CNBC-TV18, M Govinda Rao, Former Economic Advisory Council to the Prime Minister (PMEAC) discussed the same.
The overall market is factoring in a lot of positive news, said S Krishna Kumar. Cues such as India being fastest-growing economy going ahead along with swelling order books of EPC firms are working well.
As we continue with our special pre-budget series in association with LocalCircles, our focus today is on startups and their needs. To dicuss this, CNBC-TV18's Shereen Bhan caught up with Yatish Rajawat , Chief Strategy Officer of LocalCircles.
Our focus today is taxation and what can one expect from the budget from a tax perspective. CNBC-TV18's Latha Venkatesh and Surabhi Upadhyay caught up with Dinesh Kanabar, CEO of Dhruva Advisors, Sudhir Kapadia, Natl Tax Leader of EY India and Gautam Mehra, Tax Leader of PwC India.
The traffic growth in the last quarter has improved and bidding pipeline is also expected to be strong going forward, said Paresh Mehta, CFO, Ashoka Buildcon.
In an interview with CNBC-TV18, Kumar Saurabh Singh, Partner at Khaitan & Company and Sanjeev Krishnan of PWC India and Uday Bhansali of Deloitte shared their views and outlook on the National Company Law Tribunal (NCLT) resolutions.
The Budget is now just 22 days away and one sector that does not get the attention it deserves is healthcare. Starting today, CNBC-TV18 kicks off a special pre-budget series in association with LocalCircles and our focus today is on the healthcare sector.
CNBC-TV18 spoke to pharma major Biocon's chairperson and managing director Kiran Mazumdar Shaw to know her expectations from the upcoming Budget 2018.