While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
India's tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020. In an interview with PTI, finance secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.
Five key capital market announcements from the previous Budget.
The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.
Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth.
Another major development is REITs coming closer to reality
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
Tax Guru Anil Rego answers your personal income tax queries
Existing units stay operational; those approved may not be notified, land could be used for other purposes
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
Floods have forced people to eat rats to survive as there is nothing left to eat. M I Khan reports from Patna.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The JV was established for development of SEZs/Model Economic Township project and other infrastructure facilities in Haryana.
Income Tax collections are expected to fall short by an estimated Rs 9,000 crore.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Smart investors fine tune their investments as per the Budget announcements to make the best possible use of tax deductions and other sops.
The decision regarding this was taken by the Board of Approval in its meeting on September 18.
'That Modi and the BJP can continue to treat the rising and expanding middle class this way shows that they have gamed its mind quite perfectly,' argues Shekhar Gupta.
The government announced several incentives in the five-year Foreign Trade Policy.
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
March requires 20% jump to meet year's goal; CBDT chief tells staff to sweat it out to meet target
In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
Pitching for a non-adversarial tax environment, India Inc on Tuesday suggested reduction in tax rates on corporate as well as individuals to boost economic growth.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
What are FMPs and should you invest in them?
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
Despite the administration's best efforts, all the maladies of small towns can't be wished away overnight, not even for the president of China, reports Sheela Bhatt from Ahmedabad.
Budget might turn out to be neutral for the sector.
The industry employs about 10 million workforce.
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Cabinet likely to pave way for the 'super-rich' tax today.
There will be higher charges for bank account-holders.
Several places in Arunachal Pradesh, including capital Itanagar, were cut off by floods and landslides.
The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.
Arun Jaitley had a tough fiscal hill to climb.
'Our body functions in a particular system. We pass urine. We pass motions. We swallow food. We drink water. We breathe properly.' 'If there is an obstruction to any of these things -- difficulty swallowing, difficulty passing urine, passing blood in the urine, passing blood in the stools or severe pain anywhere, lasting for more than a month, or for example the skin, which covers our body, has a few moles that start increasing or bleeding... then you need to see a specialist.'
Real estate sector cheers reforms in the Budget.
