Government gives a surprise Diwali gift, experts say the radical changes could prove to be a game changer and revive India's property market; Prime Property finds out why high networth individuals (HNIs) are choosing to buy homes in Dubai over anywhere in India; also Prime Property will get builders' wishlist for Budget 2015.
Government is at loggerheads with a clutch of foreign investors over levying the minimum alternate tax (MAT). The Centre in the Budget had given MAT exemption prospectively. And speaking to CNBC-TV18‘s Sapna Das, Revenue Secretary Shaktikanta Das made it clear that FIIs cannot expect retrospective exemption.
To compete with global financial cities like Hong Kong, Dubai and Singapore, the Modi government is planning to notify rules for International Financial Cities, as promised by the Finance Minister in his Budget speech, by April 1.
Budget 2015 has some major initiatives for the start-up segment as well, however, it would be interesting to see how start-ups use the allotted funds to achieve their goals.
Watch the interview of Gaurav Mashruwala, Certified Financial Planner with Sumaira Abidi on CNBC-TV18, in which he shared his readings and outlook on how tax payers can gain from provisions in Budget 2015.
With no big-ticket announcements in the recent Annual Budget for the insurance sector, it has been a mixed bag for the sector‘s stakeholders
To help our SMEs and exporter community read the ‘fine print‘ of the Budget, we recently conducted a live chat with Mr. Ajay Sahai, Director General & CEO, Federation of Indian Export Organizations (FIEO).
By cutting the repo rate, the RBI has shown faith in the fiscal consolidation measures outlined by Finance Minister Arun Jaitley in the Union Budget on Saturday
This budget is an indication that NAMO‘s government has clearly recognized the importance of infrastructure development to India‘s growth trajectory.
The budget proposes to make present TDS limit for tax deduction applicable in respect of fixed deposits with all the branches taken together, as compared to each branch earlier
George Alexander Muthoot, MD, Muthoot Finance says the present scheme of the government is not about deposit of jewelry, it is about converting it to gold bars and not many people will be interested in it as the making charge stands at anywhere between 25 percent and 30 percent.
Vishal Goyal of UBS says this will lead to greater free flow in private sector banks. He sees exuberance in private sector banks, but asset quality remains a concern. He says Axis Bank has the highest FII premium currently.
Finance Minister offered few tax benefits in Union Budget to the tax payers as compared to what was expected by them
The Budget reiterated a gross domestic product (GDP) growth target of 8 percent plus but the economy continues to struggle.
While most of their expectations have remained just a wish-list, the one big positive the sector took home was a tax overhaul for REITs
The new government's maiden Budget gave a shot in the arm to the banking sector at large, but it did leave state-run banks in a vulnerable position. CNBC-TV18's Ritu Singh reports on the hits and misses of Budget 2015 as far as the banking community is concerned.
Union Budget has unveiled measures to deal with stressed assets and better governance and financing in banks
Changes in duty structure have minimal impact on listed auto makers.
The proposals in the Budget are largely positive for the real estate sector, feels brokerage house IDFC Securities.
The proposals in the Budget are largely neutral for the real estate sector, feels brokerage house Motilal Oswal Securities.
The FY16 Budget is marginally positive for the auto sector, says brokerage house Anand Rathi Securities.
Barring the assurance of speeding up GST's implementation, most demands were not addressed in the current budget.
Following are the impact analysis of the Budget proposals for the real estate sector, according to Kotak Securities
Around 33 percent of sales for Liberty Shoes comes from leather footwear above Rs 1000.
In the special edition of Budget 2015, entire CNBC-TV18 Research Team takes you through the details of how sectors and stocks reacted to the announcements in the Budget.