Pitch Report

Industry players are hoping for higher allocation and duty-based support

CSK vs GT IPL 2024 Toss and Pitch report: Win the toss and bat first holds advantage at the Chepauk

CSK vs GT Toss and Pitch report: While both teams, CSK and GT have won their first matches this season, this match will be crucial for both as they would look to secure two more points.

KKR vs SRH IPL 2024 match 3 pitch report: Toss Prediction and pitch report of Eden Gardens

IPL 2024 KKR vs SRH: Eden Gardens is set to witness KKR facing SRH in their opening match of IPL 2024. Both teams will aim to improve upon their performances from the previous year; with SRH finishing at the bottom of the table in 2023, and KKR marginally ahead at seventh place.

Budget 2023 must set trajectory for farm growth in next decade: Experts

The Modi government promised to double farmer incomes when it was voted to power in 2014 and although various measures have been introduced, analysts said agricultural growth has been uneven. The budget needs to set a roadmap for enhanced productivity and better remuneration, they said.

Budget 2023| With inflation fears subsiding, the FMCG sector wishes for more money in the hands of consumers 

Price hikes may have improved the topline of FMCG companies, but also led to consumer downtrading, specially in personal and home care categories 

Pitch Report | Markets want Budget to spend more, leave capital gains tax alone

Markets want the government to spend more on targeted high-multiplier sectors, boost rural demand and consumption but also keep fiscal deficit at a manageable level and avoid tinkering with taxes.

Auto industry seeks thrust on govt capex, sops for EVs and rationalisation of duty structure

Automakers are not expecting any relief for ICE vehicles but want the government to spur demand while EV makers are seeking standardization of battery voltages, an extension of Fame II and correction of inverted duty structure

Budget 2023: Recovering from COVID impact, hospitality industry seeks reduced GST, tax holidays

Though the sector has recovered from the impact of COVID-19, the high goods and services tax (GST) rates on hotel rooms and limited support from the government in the last Budget are major concerns.

Budget 2023 must focus on affordable and rental housing: Experts 

Homebuyers want the government to introduce a provision that will allow them to get full deduction of the interest component of their home loans. 

Budget 2023: Startups, VCs, IT firms seek tax sops to incentivise funding, employment

Among the demands, startups and Nasscom want minimum alternative tax for eligible startups to be reduced to 9 percent from 15 percent

Energy industry asks for GST on petrol, tax exemptions in renewables from Budget 2023 

The top ask for the energy sector from the budget is for the Goods and Services Tax (GST) on petroleum products. 

Budget 2023: What is in store for banking sector? Will govt bite the bullet on crypto regulations?

The government should act urgently on crypto regulations and give clarity on the bank privatisation plan. 

Analysis | Budget 2021 lays foundation for change in banking sector landscape over next decade

The key factors to success for privatisation will however be the ability of the management to retain and grow the deposit base while instituting asset side strategies led by process changes and upgradation of employee skills.

Analysis | Budget 2021 mildly positive for realty sector, most expectations remain unmet

Some positive impact is also expected on Real Estate Investment Trusts, given the permitted flexibility to raise debt from Foreign Portfolio Investors, which broadens funding avenues and enables lower cost financing.

Analysis | Budget 2021 ticks right checkboxes for NBFC revival, but implementation remains key

NBFCs stand to benefit from the reduction in the minimum loan size for recovery under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act.

Budget 2021 expectations | Reducing cyclicality of rural household income may get priority

Taxing cigarettes comes as an easy alternative to garner additional revenues. Grant of infrastructure status for hotels, restaurants would lower the cost of funds.

Budget 2021 expectations | Steel industry pitches for lower duty on inputs, steps to fast-track infrastructure projects

Measures to boost demand from the real estate sector may also be expected in the budget.

Budget 2021 expectations | Better financing mechanisms needed to keep National Infrastructure Pipeline on track

Infrastructure project financing in India is predominantly from the banking sector and a few infrastructure NBFCs. It is important to strengthen the existing infrastructure NBFCs for enhancing their ability to finance projects.

Budget 2021 expectations | Healthcare sector allocation likely to go up by 40%

To boost investments in the sector, in addition to the viability gap funding already announced, tax incentives for private sector investments in modernising medical facilities and developing greenfield hospitals will be a welcome step.

Budget 2021 expectations | Focus on housing, infrastructure expected to boost cement demand

With respect to project financing, the National Investment and Infrastructure Fund can play a big role in channelising long-term funds – both debt and equity - to the infrastructure sector.

Budget 2021 expectations | Transporters' profitability hinges on reduction in excise duty on diesel

Freight demand revival, which will improve transporters’ profitability, depends on recovery in economic growth and the government’s spending, especially on infrastructure.

Budget 2021 expectations | Farm gate infrastructure development can give agriculture sector fresh fillip

The formation of 10,000 new farmer producer organisations as proposed for fiscal 2021 can cater to only seven percent of the farming population. Also, the existing FPOs lack capacity, leadership and basic infrastructure for effective market participation.

Budget 2021 expectations | More income tax incentives for housing purchase necessary to revive realty sector

The affordability of housing projects had been one of the major constraints for demand. Various states had provided time-bound relaxation in stamp duty on housing purchase, which was seen to have a positive impact on sales. The budget could consider further steps to improve affordability.

Budget 2021 expectations | Continuation of RBI-directed funding in near term would be key to NBFC revival

We expect the NBFC sector to grow at a moderate 7-9 percent in FY2022, essentially because of the funding-related concerns, even when demand is expected to be better enough to push the growth to the mid-double digits.

Budget 2021 expectations | Structural reforms to continue in aviation; industry awaits cost breather

The industry expects financial aid and reduction in levies and taxes in the immediate near term to revitalise operations and boost passenger traffic, while in a longer time frame, the government needs to address India’s aviation infrastructure requirements.