With a conservative lens, these are the numbers that looked plausible, Chakraborty said
Companies which stand to gain the most are rural focused players, gas utilities, building material makers and logistics firms.
The new regime is simple, one has to see the exemptions one was taking earlier and compare the new tax rates without those exemptions, the Revenue Secretary said
It is important to introduce an efficient dispute resolution mechanism to ease the pain of an overburdened dispute resolution machinery
With the exception of IT, every sectorial index at the NSE is in a downturn
There is a tendency of the taxpayer, as well as the tax administrators, to continue with litigation because neither side wants to give up
While others have lobbyists, this is one arm of the state which is left to fend for itself
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers
It has restored confidence of businesses as well as provided on-ground support that MSMEs need and farmers deserve, Co-founder of Udaan said
Abolishing DDT will attract investments, said Ajit Menon, CEO of PGIM India Mutual Fund
However, on Saturday, the stock markets did not react positively, contrary to the government's expectation
The states' revenue from the central tax pool was up 25.8 per cent YoY in FY19, while it was down 0.4 per cent YoY in FY18
Though boring, these instruments work well if there is a broad bear market
Many tax-saving financial products will remain relevant even when you do not avail of the tax benefit on them
Bond yields will also be under pressure due to Rs 2.7 trillion of switches in FY21, which increases duration risk
There were no big-bang measures for foreign portfolio investors (FPIs) in the Budget
The bank is expected to come out of the Reserve Bank of India's prompt corrective action (PCA) framework by March 2020
'The disappointment is on the lack of bold, out of the box measures to tackle the current economic slowdown'
In the 2020-21 Union Budget, finance minister Nirmala Sitharaman proposed to expand the scheme to all districts, and offer 2,000 medicines and 300 surgicals by 2024
The Budget announced for farmers, comprising 16 action points, will definitely boost the agriculture sector