FY21 fiscal deficit seen at 7.6% of GDP
Motilal Oswal Financial Services estimates India’s fiscal deficit at ₹14.6 lakh crore in FY21, while GDP could contract by 6.5% against its earlier estimated decline of 4.7%.
corporate tax
September 2020
February 2020
January 2020
October 2019
September 2019
Budget blues continue for markets on Monday
Following Saturday’s 987.96-point fall, the S&P BSE Sensex closing at 39,872.31, just 136.78 points higher, on Monday shows that the markets are still unhappy with the Budget.
Budget 2020: FM’s booster dose for startups
The announcement of seed funding to support ideation and development of early-stage tech startups, tax incentives, and ESOPs will boost the country’s startup ecosystem, say experts.
‘Budget is likely to be overall positive for markets’
According to the international brokerage, the market is looking for some relief in personal income taxes and taxes for companies/investors.
Maruti Suzuki’s Q3 profit rises 5%
India’s largest carmaker posted a net profit of ₹1,565 crore and revenue of ₹20,707 crore in the December quarter.
Bajaj Auto’s Q2 net profit rises 22% on tax benefit
Rise in exports and lower tax outgo help the Pune-based motorcycle maker in the September quarter even as sales continue to suffer due to subdued demand.
Maruti Suzuki India slashes car prices
The discounts on various Maruti Suzuki models are over and above existing promotional offers.
What corporate tax cuts mean for auto sector
Though an uptick in demand is expected in the October-November festive season, experts do not see an immediate revival for the sector.
The unease of doing business
At a time when the economy is struggling, it is important to remove doubts over the sanctity of contracts and consistency in regulations, which can deter investments from flowing in.
The tax cut party continues at bourses
While equity markets continue to boom, economists warn about likely ‘subject-to’ consequences of the corporate tax cuts announced last Friday.
