Returns have usually been in the range of 1-1.5 percent, according to the founding partner of Optionables
Prateek Agrawal , Executive Director - Business and Investment Strategy at Motilal Oswal Asset Management Company said While inflation does seem to have peaked in 2022, central banks world over are not letting their guard down. Covid fears resurfaced on case spike in China.
The Budget 2023 should only fine-tune long-term capital gains tax and not anything extensive. Also, the Budget could give some relief on the cheaper or mass consumption items. That could do some magic, says Agrawal
The focus should instead be on strengthening digital infrastructure in the villages, since district towns are already well served, especially by NBFCs
"There is a buzz in the market and there is interest for LIC IPO. We are going ahead with it," Sitharaman said, while adding that "we are equally worried if the market situation is conducive".
Initiating the discussion on the Budget in Lok Sabha, Tharoor said COVID-19 pandemic has placed citizens in unimaginable distress who suffered a lot of pain due to loss of lives between March and May last year.
Budget 2022 has kept income tax rates steady. Additionally, it introduced taxes on the transfer of cryptocurrency assets. Homi Mistry, Partner Deloitte, and Swarup Mohanty, CEO, Mirae Asset Investment Managers (India) dissect the personal finance aspect of Budget.
The finance minister, in her first television interview following the release of Budget 2022, spoke on an array of topics ranging from the government's $5 trillion economy target to the upcoming initial public offering of the state-run insurance giant LIC. Here are the complete highlights.
The budget’s laser focus on capital expenditure and promoting domestic manufacturing unleashes opportunities for companies in these sectors
The budget underscores government's previous emphasis on capex to sustain near-term recovery from the pandemic, while simultaneously paving the way for longer-term restructuring of the economy, it stated.
Budget 2022: While most of the reactions Moneycontrol received were positive, a few believe that key steps that are needed to enable these initiatives have been missed out
Budget 2022 | Here's how the corporate players reacted to the announcements made by the finance minister.
Congress chief spokesperson Randeep Surjewala termed the survey a "self-serving cheerful assessment" of the economy that raises doubts about what the Budget is set out to achieve.
This time, FM Nirmala Sitharaman will table the Economic Survey for 2021-22 in the Lok Sabha on Monday soon after the President's Address to both Houses of Parliament. She will present the Union Budget for the next financial year beginning April 1, 2022, on Tuesday.
The Confederation of Indian Industry (CII) has suggested that employment-intensive sectors such as leather and food processing could be provided an incentive scheme to attract investments and create employment.
The fintech industry and experts have urged Finance Minister Nirmala Sitharaman to lower the TDS rates, saying such a move would free the capital for the sector without any impact on the government's revenue.
The application, named 'Union Budget Mobile App', will provide access to the complete set of budget documents, the ministry said.
An increase in capital expenditure is likely for Indian Railways, which is seeking to improve services for both passengers and cargo customers. Official sources have outlined expectations for Railways in the upcoming Union Budget #Budget2022 #Budget2022withMC #Indianrailways
Lok Sabha will meet at 11 am on February 1 for the presentation of the Union Budget and it will meet from 4 pm to 9 pm from February 2 to February 11, when the first part of the session concludes.
With the release of this second advance instalment, the states would have received an additional amount of Rs 90,082 crore, which was decided to be issued under tax devolution over and above the budgeted amount in FY22.
An increased outlay and incentivisation towards the renewable sources will also provide an impetus to the e-mobility ecosystem, experts point out.
To keep a watch on high value transactions undertaken by the taxpayer, the Income-tax law has the concept of SFT or reportable account.
A revival of strong growth will automatically check the deficit through higher tax collections
This is going to be a physical meeting unlike others held earlier this month.
Budget 2022 | Even after the recent rebound in GDP growth to 9 percent in FY22, India’s GDP trajectory remains fairly muted, says Dhananjay Sinha, Managing Director and Chief Strategist, JM Financial Institutional Securities.