Like always, tax payers this year as well expect sops from the budget on various aspects.
The Assam block is now contributing significantly towards revenues and profitability and the company plans to improve volumes rapidly.
The sharp rally on Indian bourses since the start of the year has prompted experts to call for a correction which they say is long overdue. However, India is nowhere close to top performing markets
GNFC reported excellent traction in its earnings (PAT: 241% YoY) aided by 40 percent topline growth, EBITDA margin expansion (+906 bps) and lower interest expense. This was mainly led by Chemicals division
Reclassification of marketing expenditure and discounts as capital expenditure will be a body blow for e-commerce companies
Nerolac posted ~20 percent volume growth in Q2 and ~15 percent in Q3 FY18 in the decorative segment, while Asian Paints has been struggling with 6-8 percent growth in the segment for last two quarters.
ELSS funds can be likened to multi-cap funds. Similar to multi-cap funds, they invest in companies of all market capitalizations
Several robust tax measures and following tax arrangements are expected from this Budget.
There may be an increase in the ceiling of deduction under Section 80C from the existing Rs 1,50,000 to Rs 2,00,000.
As in the case of any new law, the IBC too has certain loopholes and implementation-related issues, which came to the fore as the process progressed.
The common man’s expectations are high as this could be the last regular Budget of the NDA government which has been looking to rationalize the current tax system.
The terms of LTA are defined in section 10(5), Rule 2B of the Income Tax Act 1961.
Investors got to stay invested in these stocks despite despite the optically expensive valuation.
It is difficult to see how Viral Acharya’s clarion call to develop debt markets can be taken forward if PSU banks continue to dominate the banking system.
Massive short covering by call writers at 10600 and 10700 strike of approximately 2 million shares boosted the momentum on the higher side.
The initiative by the finance ministry and Sebi in increasing lot size is flawed on many grounds and exposes their failure in educating the masses whom they seek to protect
With the surge in M&A activities, it is imperative to have a befitting tax regime which gives an added fillip to these activities. There are various provisions under the Income Tax Act which confer tax neutrality to mergers and acquisitions upon fulfilment of specified conditions.
At the consolidated level, company reported even better numbers aided by performance of Malaysian subsidiary. Net sales were up 39 percent YoY and EBITDA almost doubled in last one year
To make your vacation worry free plan out your expenses much ahead.
Over the past five years, all energy costs have been subject to two unanticipated headwinds. One was the discovery of shale oil which could be recovered quite easily at average costs of around $40 a barrel equivalent. The other was renewables – particularly wind and solar.
HUL with its high rural exposure (40% of sales) and well entrenched distribution network, is among the key beneficiaries of further uptick in consumption and related policy announcements, in our view.
Fintechs and e-wallets can play a decisive role by stepping into this void left by banks
Trapped in a pincer of rising coal prices and flooding of cheap imports, domestic aluminium industry needs government policy support to come out of this crisis.
Apart from charging exorbitant rates, overloaded with huge margins, these money changers do not let the traveler know that foreign exchange rates, akin to stocks, change almost every second.
Crisil Research expects robust allocations to schemes like PMAY
