Two paths after a major tax cut in India
With a major reduction in corporate taxes the Indian government has bet on enterprises fuelling much-needed growth. But it can go two ways.
income tax
September 2019
August 2019
July 2019
June 2019
February 2019
No angels and demons for startups
The dreaded angel tax, levied on capital raised by unlisted companies, is now not applicable for startups registered with the DPIIT.
Budget fine print drags markets down
Indices see biggest single-day fall in four years in first full trading day after the Union Budget was unveiled. The BSE Sensex closed 907 points lower, while NSE’s Nifty50 slipped 207 points.
Financing the Budget
Faced with a funding crunch, the government is depending heavily on foreign direct investment and overseas portfolio players, retail investors, and a PPP model to finance its projects.
Building the unafraid Indian
Most Indians have always been afraid that the vagaries of the state could ruin them at will. Narendra Modi is trying to create the unafraid Indian, and the government as a simple service provider.
FM homes in on the middle class
Nirmala Sitharaman announced an additional ₹1.5 lakh deduction in income tax for middle-class homebuyers which could stimulate the real estate market.
Budget 2019: What India Inc. wants
Corporate India seeks tax reductions, infrastructure development, more liquidity in financial services, easier credit and insurance for the agriculture sector, and measures to boost the economy.
M&A activity: Pre-Budget expectations
Clarity about tax provisions, quicker disposal of litigation, and a clear and consistent tax law will further boost M&A activity in India.
Interim Budget 2019: A peek into the direct tax proposals
Here’s a quick recap of all the measures on the direct tax front that were proposed by interim finance minister Piyush Goyal in his budget speech.
Post-Budget ‘josh’ is high in Bollywood
Interim finance minister Piyush Goyal announces single-window clearance for Indian filmmakers and anti-camcording provisions in the Interim Budget 2019.
