BUSINESS
Budget Snapshot: Centre can afford to not cut its FY25 borrowing target
Budget 2024-25: The bond market has enough investor appetite to absorb the borrowing target stated in the interim budget
BUSINESS
India Budget 2024: Time to introduce technology to reduce tax litigation disputes
Union Budget 2024-25: The number of litigation disputes continue to rise, adding to the growing backlog of cases. There is a need to ease the process of tax litigation and technology can be used to solve several issues
BUSINESS
Budget Snapshot: Sustained government expenditure could aid cement sales growth
Budget 2024-25: Amid rising capacity, a boost to infrastructure, housing and manufacturing could support cement sales and prices in the long run
BUSINESS
Union and Interim Budgets of FY25: Markets need to mind the gap
Budget 2024-25: The BJP-led Centre is known for not making monumental announcements in Union Budgets, but this year they have their work cut out for them. It has to come up with something to pacify all stakeholders and also find a way to uplift the economy
BUSINESS
Budget 2024 should allow refund of excess taxes paid under CGST
Budget 2024-25: GST Council recommended change in CGST to regularise short-levy of tax. But tax payers can’t claim refunds for excess payments. Budget can set it right
BUDGET
Budget Snapshot | China didn’t get the memo on domestic manufacturing priorities
China’s growing export appetite is a giant headache for Asian economies, including India. Will the Budget take some counter measures against such imports is the big question
BUSINESS
Budget Snapshot: Interest burden is not changing for the better
The government’s fiscal consolidation is commendable, but it needs to reduce its interest burden to increase its quality of expenditure
BUSINESS
Budget 2024: How capital gains tax can be used to optimise capital allocation
Uniform tax rate structure across financial instruments will allow investor to choose based on their risk-return trade-off, not tax concessions
BUDGET
Budget Snapshot: A shot in the arm for electric vehicles?
The share of EVs in 2W registrations rose from just 0.4 per cent in FY2021 to 4.6 per cent in Q2 FY2023, but had been within a 4-6 percent range for most of the last two years
INDIA
Bharatiya Sanhitas Implemented: Myths and realities of decolonizing Indian laws
The introduction of the new laws is an appropriate step to enable access to law and efficacious judicial proceedings. But to implement these sanhitas would be challenging, keeping in mind the poor infrastructure of Indian courts
BUSINESS
Electric vehicle makers need to shorten design-to-market timeline
Homologation in India has become faster with new testing centres. Eventually, quick product introduction depends on the quality of manufacturing processes
BUSINESS
Budget Snapshot: Why lower budgetary support for defence research is not bad for the sector
Even if the upcoming budget does not significantly increase the defence allocation for research, there is little cause for concern. DRDO is poised to increasingly act as a nodal agency, sharing research and production responsibilities between the private and public sectors.
BUDGET
Budget Snapshot | FY24 sees India Inc’s tax/PBT ratio decline sharply
While the overall number is down, it is a mixed picture among sectors that have contributed to the decline in tax/PBT ratio
BUSINESS
The Reading List: June 28, 2024
Articles and social media gems from the world of economy, business and finance, curated by our research and opinion teams
BUSINESS
Chart of the Day: Financial stability from the banking prism
India’s banks are in the pink of health and would remain so in FY25 as well, according to the RBI.
INDIA
Drones are changing warfare. India needs to move fast
Joint venture and not self-reliance is the best way forward. We also require a culture of collaboration between military and industry
BUSINESS
Chart of the Day | India’s exports to gain from shifts in global supply chains
The value of exports from India in 2030 is forecast to be the highest among Asian counterparts namely Vietnam, Malaysia, Thailand and Indonesia
BUSINESS
Indian Aviation industry needs more efficient measures to achieve its sustainability goals
India's CO2 emissions are set to ratchet up in the coming years as it will experience the most significant increase in energy demand through 2040. The government with the aviation industry and entrepreneurs need to collaborate closely to achieve its sustainable goals
BUSINESS
Chart of the Day: The trouble with central government capex
The combined capex of the central government and the central public sector enterprises, as a percentage of GDP, was lower in FY 24 compared to FY14
WORLD
Trump’s Green Card Promise: The emotional toll study abroad aspirants need to mull over
The US continues to be a highly sought-after educational hub, offering not just advanced learning opportunities but also the prospect of a better future. So, what does Trump's poll promise mean to the aspiring students?
BUSINESS
Here’s how to sync GST rationalisation with India’s consumption anchored growth
Introduce a single standard rate of 15% while reducing tax slabs. Also raise the 5% slab to 8%
BUSINESS
Chart of the Day: India’s banks could see lip smacking returns moderate in FY25
Elevated cost of deposits could crimp margins and in turn drag down return on assets somewhat.
BUSINESS
Chart of The Day: Surging subscriptions spark IPO boom
A series of successful issues in the broader market and strong post-listing performances have rekindled interest in the main board primary market
BUSINESS
Where GST legislation needs a change to bring it in sync with business realities
Erstwhile sales tax laws and the current Central Excise and Customs acts give government room to accommodate emerging business models. GST needs a similar provision
