Finance Minister Arun Jaitley will chair pre-Budget consultation meeting with financial sector regulators tomorrow and take stock of the economic situation.
It was learnt that Centre and states will share the financial burden in the ratio of 60:40 as the government has set itself a target of completing the work under the programme before 2019 Lok Sabha elections
Earnings should be robust due to lower base of demonetisation and GST.
While the tangible benefits of structural reforms of formalising the economy will show over time, government’s fiscal policies have been in the right direction and are helping the economy to remain robust.
Finance Minister Arun Jaitley today sought views of members of the consultative committee attached to the finance and corporate affairs ministries as part of the pre-budget consultation process, an official statement said.
As per the Swiss Re sigma report, life insurance penetration is only 2.7 percent of the country’s gross domestic product.
In the upcoming Budget, the analysts are not expecting any great reforms but it will be balanced one as the government will focus on rural theme and also try to increase disposable income at the hands of individuals, maybe through income tax measures.
The macro risk is certainly predominant with rising crude oil price in recent period creating a negative sentiment for the domestic market.
For a continued uptrend positive follow through on the above mentioned factors is of utmost importance. Globally too, favourable markets will contribute to the bullish sentiment.
Gaurav Dua, Head of Research at Sharekhan, says that rather than focusing on the midcap index, the approach should be to focus on sustainable growth stories within the midcap space.
In the upcoming Union Budget, the government is expected to focus on infrastructure and the rural sector. The prime objective is to generate employment in the rural sector by the implementation of various measures.
Prasun Gajri, Chief Investment Officer of HDFC Life, says that equity markets can generate double-digit returns over the next 12 months.
There are many exciting opportunities in India across sectors which has potential to deliver 18-20 percent compounded earnings growth over next 3-5 years.
Prateek Agrawal, Business Head & CIO of ASK Investment Managers, says that the time for high-quality growth investing has returned.
"The government, in our view, would like to use the Budget as an opportunity to revive the economy with a focus on the poor and masses. Discretionary consumption is a structural theme,"
Finance minister Arun Jaitley has indicated that the Budget 2018—the NDA government’s last full budget in the current term—will see a major thrust on areas such as infrastructure and social sector
Estate duty is a form of inheritance tax imposed on the total value of the bequeathed assets of a deceased person, earned by him throughout his lifetime till the date of his demise
One of the major changes which has already been made to the IBC this year is that the defaulting company's promoters have been barred from regaining control of the company by acquiring the assets undergoing insolvency.
Watch CNBC-TV18's Latha Venkatesh in conversation with experts, where they discussed the economic outlook for 2018 at the India Risk Management Awards event.
If you want to purchase health insurance for a respectable sum which will fetch a good healthcare for you after accounting for inflation of around 12 to 15 per cent, you have to buy a health insurance for yourself.
Insurance want to improve penetration of products by giving tax incentives to customers
Indian federal budgets are either overly populist or surreptitiously populist. Given how poor consumer spending has been, selective fiscal pump-priming is expected.
SEBI is expected to review regulatory framework for credit rating agencies and finalise norms for listing of Securities Receipts of Asset Restructuring Companies at its next board meeting.
In a report tabled in Parliament, CAG observed that ministries have surrendered large portion of money allocated towards schemes like Nirbhaya, Make in India, National Investment and Infrastructure Fund, etc.
In terms of AUMs, we are touching Rs 2.2 lakh crore, which is a 47 percent growth on a year-on-year basis, he said.