Emerging countries in Asia needed a strong fiscal stimulus to counter the pandemic’s effects. Governments in Asia have come up with different economic responses to tackle the COVID-19
If your employer has contributed beyond Rs 750,000, you will pay tax on the excess amount contributed and also on the interest accrued on the excess amount
We see Budget 2020 as a near-term event, and longer-term/strategic asset allocations need to be guided by fundamentals researched by expert advisors.
This Budget was not a revolutionary one which will set the economy back on the path of growth but select mid-cap stocks in spheres of NBFCs, Chemicals, and Pharma may perform.
A taxpayer who opts for this scheme would not be questioned further and will have to pay only the disputed amount
The listing of the Life Insurance Corporation is a good move that will bring focus on the sector
Proposed listing of LIC is a positive and welcome move
For now, staying focussed on your family household budget is the choice that you should be making, rather than dwelling on the Indian government’s budget
Opening up of certain categories of government securities to NRI investors and hiking the FPI investment limit in corporate bonds will help deepen the bond market.
If you are a rich salaried individual and yet struggle to use all deductions and exemptions, you need to improve your awareness levels and investment habits
Review your insurance portfolio from a financial protection standpoint
The government consistently focuses on development of smart cities across country, especially since they came in to power in 2014.
Experts advise stock-specific approach with a focus on fundamentally strong companies
The budget fell short in providing impactful stimulus to kick-start the economy
Two out of every three stocks in the Nifty 500 rallied between September 2019 and January 2020
The belief stems from data analysis which showed that a number of individuals did not avail House Rent Allowance (HRA) or other investment deductions
In a special interview with Moneycontrol, KPMG 's Hitesh Gajaria explains his take on the taxpayers' charter and the new tax regime.
Moneycontrol’s Preeti Kulkarni and Kayezad E. Adajania tell us how we can choose between the old and new tax slabs.
The fact that this budget did not do anything dramatically positive for the stock market and investor sentiments hardly matters
We believe the government can achieve its target for FY21, but it would largely depend on the stake sale of insurance behemoth LIC.
On the lines of e-assessment, Union Finance Minister, Nirmala Sitharaman, on February 1, 2020 has proposed to introduce framework for e-appeals.
It is an important step in enabling a clear direction for providing stimulus to the pension landscape in India
The Budget falls short of reviving growth and boosting sentiment
An Income Tax section has been tweaked to make an existing infrastructure financing vehicle unviable
The onus of paying insurance premium is on the bank