Here’s what India needs to do to keep pace with the changing demands of the startup sector
Foreign portfolio investors are a baffled lot. The trouble is the increase in tax surcharge doesn’t sit well with government’s stated intention of making India an investment hotspot.
If higher diesel prices push up the cost of vegetables in the rainy season, inflation may be affected later
It is a well-known fact that a spur in merger and acquisition activities is predominantly an indication of trust among the investor fraternity of a country
The devil is in the detail. But the stock market has braved it all as the worst fears of a selling exodus after the super rich tax did not actually come true
One of the biggest challenges that the automobile industry faces is making electric vehicles more attractive for personal use from the point of cost.
Ideally, the peak income tax rate of 42.7 percent should come down over time, Finance Minister Nirmala Sitharaman said in an interview, repeating and stressing the word ‘ideally’
Any talk of reform in labour laws is invariably met with resistance from trade unions as they fear that changes could curtail some of the current privileges their members enjoy. They would rather have a running business down its shutters than allow tampering with the benefits of its workers.
The stock market was left deeply disappointed by two measures in the Budget
Overall, the policy might not affect the economy in a big manner as the increase in tax rates may not push the taxpayers from earning less
Overall, the Budget is clearly focused on Government’s guiding principles of ''perform, reform, transform'' to succeed in governance.
On the whole, while this budget is not the Holy Grail for the MSME sector, it has taken two steps forward after having stepped back in the recent past.
Budget 2019 has drastically cut support for Air India to Rs 434 crore from Rs 6,427 crore in FY17-18
If India wants to avoid a repeat of the NPA cycle every decade or so, stricter penalties should be introduced.
FPIs are now also allowed to invest in debt securities of NBFCs and InViTs/REITs to provide the much-needed liquidity in this space
The focus of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) going forward on new age skills like AI, IOT, 3D Printing, etc. is a step towards ensuring availability of requisite skill requirements for supporting India’s growth aspirations.
Why India's government wants to shore up customs duty collections, in addition to giving an impetus to Make in India
The SEBI Employee Association (SEA) has written a letter to the Prime Minister’s Office (PMO) seeking revocation of the proposal, saying that it will affect the autonomy of the regulator and hamper its working and that of the securities market
As the countdown inches closer towards the 2030 deadline to achieve Sustainable Development Goal (SDGs) with 169 interconnected targets and indicators, it is time to frame and implement budgetary mechanisms and innovative partnerships.
Depending on country’s electricity-generation sources, electric vehicles are largely not emissions-free in most of the countries.
Businesses and equity markets will have to bear the short-term costs of fiscal restraint
The effective corporate tax rate in 2017-18 has risen to 29.5percent, a good three percentage points higher than a year ago and is the highest in the past five years
Things really didn’t work out with mandatory local sourcing of retail products. That possibly might force a government rethink for multi-brand retailing
The vital component of a television set has a 5 percent custom duty while finished products are cheaper to import from FTA countries
The govt expects the additional revenue from the increased surcharge on individuals at just Rs 2,724 crore