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India to join top global league with proposed black money law

Mar 01, 2015

India to join top global league with proposed black money law

While the proposed law in India has been largely welcomed, industry body Assocham today said the government should avoid over-kill and rush job" in its efforts to check foreign assets' concealment. #Black money #ASSOCHAM #Arun Jaitley #FEMA #Income Tax act #Budget2015 #Economy Budget 2015 #Settlement Commission
Budget 2015: Good, but falls short of being best says corporate India

Mar 01, 2015

Budget 2015: Good, but falls short of being best says corporate India

Some may consider this a pro corporate budget but in reality it is a budget for growth, savings, industrial development and for the middle class. #fiscal deficit #Budget #investors #Labour laws #industrial development #Software products #budget 2015 #dual tax #credit agencies
Black money holders will have one last chance to disclose overseas assets

Mar 01, 2015

Black money holders will have one last chance to disclose overseas assets

Indians holding black money abroad will be given a last chance to disclose their overseas bank accounts or wealth to the government and avoid a jail term. #Black money #NewsTracker #Tax evasion #parliament #Budget Session #Jayant Sinha #budget 2015 #Budget2015
Budget 2015: Chidu is wrong to claim corporates are main gainers

Mar 01, 2015

Budget 2015: Chidu is wrong to claim corporates are main gainers

Budget 2015-16 is good for corporates not by being too generous to them, but by bringing policy clarity and continuing on the path of making business easier to do. P Chidambaram is wrong to claim corporates are major gainers from tax cuts. #Economy #P. Chidambaram #Arun Jaitley #budget 2015 #Corporate Tax Cut #Surcharge on IT #Revenue Foregone
Budget 2015: Long-term measures and no numbers dampen day traders day

Mar 01, 2015

Budget 2015: Long-term measures and no numbers dampen day traders day

This was probably the first budget where the FM concentrated more on the long-term measures than simply talk numbers about the sector. #Sensex #Financial markets #SEBI #Mutual Funds #Budget #SEZs #Stock Markets #FMC #budget 2015 #Market Budget2015 #day traders #tax structures #PE norms

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BJP win lifts markets, but road to economic recovery may be long

Dec 10, 2013

BJP win lifts markets, but road to economic recovery may be long

The function of the markets is to believe what it wants to believe. A bear market factors in only the worst even if there are some signs of turning around. A bull market factors in the best, even if the signals are unsustainable. #Economy #Stock market #GDP #BJP #ToWhatEffect #Indian rupee #Lok Sabha elections #tax revenue
India Inc sees higher limits on tax-saving investments in Budget

Feb 20, 2013

India Inc sees higher limits on tax-saving investments in Budget

Survey of 300 firms shows requirement of a less litigious tax regime is also key expectation #India Inc #Grant Thornton #tax-saving #Budget Expectations #Budget 2013 #Super tax