While this year Union Budget was a mix bag of both expectations and a few surprises, we list out a few broad points which will have an impact on how you save, invest, borrow, and insure.
The focused budgetary measures directed at rural India aim to realize the 2022 goal and give the desired push in an election year –thereby killing two birds in one shot.
An allocation of INR 10,000 crores has been announced on expansion of telecom infrastructure under various government projects in the country, however, the Union Budget does not bring any cheer to the telecom sector.
With several changes carried out in personal tax rates in last three years, the finance budget 2018 have kept the tax rates unaltered
All dividends in Equity and Equity Oriented Funds will now be taxed at the rate of 10 percent
The higher nominal GDP growth itself gives leeway to the government to project an ‘optically’ lower deficit, as the market looks at it as a percentage of GDP.
Boost in rural sector should aid the fragile rural recovery and spur consumer demand.
While Emami’s result was below expectations, the results of both Emami and Godrej Consumer nonetheless point to a sector-wide recovery in terms of volume growth.
The industry is also hopeful that basic customs duty (BCD) on import of select non ITA goods would be raised to a permissible limit
Cyber issues must evolve from being seen as a mere IT-specific concern
The indirect transfer reporting obligations are also cumbersome and complicated.
The Organisation for Economic Co-operation and Development (OECD) and G20 countries have been mulling over taking joint action to address the weaknesses within the international tax system that create opportunities for BEPS.
It is required that the deduction under section 80C be simplified and the limits be revised significantly.
As term insurance is the most cost effective way to cover 10–15 times of one’s annual income, a separate section for term insurance beyond the Section 80C limit would incentivise people to buy term insurance policies and get adequate life cover in the process.
Continued improvement in revenue & volumes and benefits from parent company’s restructuring make Rallis India a quality stock to accumulate gradually.
The Infrastructure status for logistics provides the benefit of easy fund raising
The Management believes that the future growth for the segment would come from a mix of Government and Private Tenders apart from the M&A route
Before we understand how to file a claim post a fire incident, it is essential to understand the policy document and read its fine print.
While the purpose and benefits of purchasing a ULIP are known to most people, the choice of investing in the right kind of ULIP is still a matter of concern as most people are unaware of the factors they must take into consideration while buying the plan.
APA has become a preferred method of dispute resolution for taxpayers, providing relief to those entangled in protracted litigation.
As investors, we should be guided by prudent allocation between the two asset classes.
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