As Prime Minister Narendra Modi visits US, fund managers from India and abroad expect improving sentiments and impressive returns from Indian markets to help attract billions of dollars flowing into the country's asset management industry.
'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'
'The tax avoidance in India is done as much by the wealthy as the lower class.' 'There is no difference in ethics and culture and morality, and no difference in tax-paying behaviour between various Indian classes, whether educated or not,' says Aakar Patel.
Analysts expect Bajaj Auto to perform well in Q1.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
Education, jobs, health and more: Experts share their wishlist.
'There is an insistence that the government bring about reforms if India is to succeed. The fact is that many nations have done reforms, but are not Great Powers,' says Aakar Patel.
FM proposed rationalisation of various tax exemptions.
Depending on your liquidity requirement, invest in the right debt instruments.
'By taking fingerprints, iris scans and other details of citizens, the State is becoming the custodian of its people.' 'The State can use this data according to its whims and fancies, which is not good in a democracy.' 'When the State looks at all the activities of its citizens, it becomes a police State.'
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
Karan Narsu takes a look at the most gob-smackingly expensive bikes launched in India this year
Her great grandfather began sugar co-operatives in Maharashtra. Her grandfather was an eight time MP. Her uncle is currently leader of the Opposition in the Maharashtra assembly. Her cousin joined the BJP on Tuesday, March 12. Nila Vikhe Patil, who could one day become prime minister of Sweden, unravels her India connections in an e-mail interaction with Rediff.com's Vaihayasi Pande Daniel.
'On the tax front, most of the Budget proposals are sensible'.
While the black money declarations may go up further once all the online and manual filings of undisclosed assets filed at the end of the four-month window on September 30 are compiled, the government will get this fiscal nearly Rs 14,700 crore or half of the total taxes due.
Since 2000, India has had three serious droughts.
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
FM should avoid proposals such as to tax financial transactions and fringe benefits
A glance back at some of the important ups and down Indian Inc faced in 2018.
'There is no change in the overall story of economic recovery.'
Sandeep Shanbhag offers tips on post Budget taxation rates.
We still have time for this government to take action.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
India Inc is encouraged by a determined Budget.
'Power sits lightly on Arun Jaitley's shoulders. Just because earth-shaking election results have brought his party in power, he has not gone recklessly ambitious. "Too soon, too fast" is not what he likes,' says Sheela Bhatt/Rediff.com about Budget 2014.
'Big countries do not agree on every set of issues.' 'Look, one of the differences in the relationship is that when we do not agree, we are sitting down and talking to each other.'
Anurag Singal, founder of cajobportal, a job site that caters exclusively to CAs and commerce graduates tells us how he aims to skill and enable satisfactory employment to aspiring professionals.
It, however, lags other states on crucial parameters such as health care and rural poverty.
Shreekant Sambrani is confident that today's adversity will make the country emerge even stronger
Do Modi's foreign visits actually serve India or they nothing more than expensive tools for domestic positioning and image-building, asks Shehzad Poonawalla.
The chief executive of the e-commerce giant is making his second visit to India -- the first since Amazon entered this market.
Indian economy about to take-off
