Today’s headline budget numbers are likely to be welcomed by S&P and other global rating agencies as the government has maintained its commitment to fiscal consolidation and could certainly open room for India to get a rating upgrade over the next 2 years
The increase in STT makes it more difficult for intraday traders to survive as their costs will increase. Here are three strategies for those seeking to play the long game in trading
Budget 2024 achieves the monumental task of pointing the Indian economy in the right direction and offers many specific initiatives to propel us towards our collective destiny of a Viksit Bharat
It is a growth-oriented budget and equity markets would quickly adjust to changes in taxation post the knee-jerk reaction today
The announcements in Budget 2024 points to BJP-led NDA taking a major step in focusing on the employment challenge. The message from the Centre is clear, it has heard the voters
A thrust on capex and fiscal consolidation combined with the ongoing recovery in rural demand, along with overall macro-economic and price stability, is aimed at crowding in private capex, which in turn will help improve medium-term growth prospects and aid in job creation in the non-farm economy
Sticking to fiscal consolidation will help draw in private investment. To complement it, Budget 2024 could have resorted to ambitious privatisation and easing compliance burden
Budget 2024 has implemented the recommendations by the GST council by bringing in changes in the finance act. The measures will boost manufacturing sector in India and improve ease of doing business
Budget 2024-25: With this move PM Modi is being hailed as the 'Startup PM of India'. These changes will fuel startup fundraising and ensure that startups lead the charge.
The budget's long term capital gains provisions will reduce excess allocation of capital to one particular asset class. Another important long term benefit would be rapid formalisation of real estate investment and better capital flows from real estate into financial assets
The rise in capital gains taxes and STT has much do with the recent caution by our regulators regarding the exuberance in the markets
This year's Union Budget focused on the growth of the informal sector; from skill enhancement for youth, credit flow to MSMEs, to income enhancement measures for the rural sector. Here's what the budget had to offer the financial sector
In keeping with its conservative fiscal path, the government proposed to support states with long-term loans, viability gap funding and also multi-lateral funding o support large projects.
Lowering customs duty for specific products in the budget is carefully designed approach to promote domestic manufacturing
Several initiatives announced in the Union Budget are both visionary and practical
Budget 2024-25: It remains to be seen whether policy continuity, sans new reforms, will be sufficient to support elevated equity valuations
This year's budget has put retail Schemes and ETFs in IFSC under the same tax regime as Category IIII IFSC AIFs which spells good news for the fund management ecosystem as it will attract more global fund managers
The Union Budget 2024-25 has stepped up allocations for agriculture and rural development but could have done more in certain areas
Budget 2024-25: Fiscal benefits for creating new jobs and changes in the new income tax regime will put more money in the hands of a demographic with high propensity to consume
The Budget 2024 did not contain measures that could directly benefit consumer demand, preferring to invest in building blocks that could lead to future consumption opportunities
FM Sitharaman’s Budget lacked any major banking sector reforms, except some finetuning of the IBC process. It’s a missed opportunity
A lower fiscal deficit target in the Union Budget 2024 should inspire any fence-sitting foreign investor to make a go for Indian bonds
Budget 2024-25: Tax changes have punctured played the spoilsport and may succeed in keeping retail investors out of derivative markets
Budget 2024-25: Explosive movements typically mark budget days, with the market making swift and decisive shifts in one direction or the other
It could hit emerging equity culture, hurt foreign inflows. The government should hold its hand at this stage of the development of Indian stock markets and economy
