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
The key takeaway from the Survey about rural consumption is that it is doing as well as it can and the main efforts should be focused on providing the masses with the right infrastructure, business opportunities, diversifying away from problem areas and encouraging more private investment in agriculture
The survey points to the lack of an independent regulator for infrastructure, which will expedite resolution of litigations and any bottlenecks in these projects which have long-gestation periods
India’s GDP level is at the pre-pandemic trajectory, the Economic Survey reveals. It means that the speed of the GDP expansion has ensured no permanent loss in output and demand. Though, employment remains a crucial link between growth and prosperity
The underlying message of the Economic Survey is that in today’s uncertain global environment riven by geopolitical uncertainties, the domestic economy must take the lead and it is up to the private sector to step up to the plate and deliver
Fiscal prudence can lead to a sovereign rating upgrade and lower bond yields, says Economic Survey
The moot question that emerges from the Economic Survey 2023-24's assessment of India's fight against climate change is how soon and how effectively the government can address the challenges of reducing emissions