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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
Budget 2015 low on big bang reforms;  there's not much for housing

Mar 01, 2015

Budget 2015 low on big bang reforms; there's not much for housing

The budget has not provided any additional relief via increased income tax deduction limit or on repayment of housing loans. The regime on these fronts, which was announced during the previous budget from eight months ago remains unchanged. This is a disappointment, since there were expectation that the Finance Minister would further increase either or both of these limits and thereby address the reality of high property prices in India. #Arun Jaitley #Wealth tax #Real estate #Union Budget 2015 #Budget2015 #Real Estate Budget 2015 #Transpareny
Travel, movies, shopping get costlier: Budget 2015 finds no middle class takers

Mar 01, 2015

Travel, movies, shopping get costlier: Budget 2015 finds no middle class takers

The reaction to the Budget among the middle class was mixed with some calling it forward looking which will help the economy in the long run. The dominant mood, however, was one of dismay. #UPA #GST #Sales Tax #Union Budget 2015 #Budget2015 #Common Man Budget 2015
Union Budget 2015: Jaitley just unleashed a war on black money like never before

Mar 01, 2015

Union Budget 2015: Jaitley just unleashed a war on black money like never before

Guilty could face rigorous imprisonment for 10 years while penalty will be 300 percent of the tax evaded #Black money #Tax #finance bill #budget 2015 #benami #Union Budget 2015 #Budget2015 #Economy Budget 2015

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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