Page 23 - Budget 2018

Budget 2018: Capital gains tax: First principles first

The PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, only the well-off dabble in shares

Investing in MFs: Here's how Budget 2018 could impact the bond market

If it maintains fiscal prudence, the bond market could turn bullish

Budget 2018: Overseas investors demand status-quo on LTCG tax

Increase in holding period or tax rates could dim India's appeal, they say

Union Budget 2018: UKIBC expects corporate tax cut and labour reform

UK businesses are taking the investment opportunities in India

Budget 2018: Review of foreign tax credit norm tops Nasscom's wishlist

Nasscom has also reiterated its request to address the 'Angel Tax issue' by recognising genuine angel investments in start-ups

Budget 2018: Govt may not be able to meet its gross revenue target in FY18

With revenue falling short of expectations, analysts said the Centre was unlikely to meet its fiscal deficit target of 3.2 per cent in FY18

Worst Asian bond market has more to fear: the spectre of Modi's borrowings

Whereas falling oil prices and bond yields have benefited Modi since he took power in 2014, their steep ascent in the past year is posing a threat

Charticle: Budget 2018: Capital gains on equities across the globe

Foreign institutional investors (FIIs) have voiced their concern on reintroduction of long-term capital gains tax on equities in the upcoming Union Budget to be announced on February 1. Currently, long term capital gains (LTCG) on sale of listed securities is exempt from tax. Simply put, LTCG is profit on sale of shares listed on a stock exchange platform after a holding period of one year or more. Short term capital gains (STCG), is the profit on sale of shares held for less than 12 months, and is taxed at a flat rate of 15 per cent. Besides, these all stock market transactions also attract securities transaction tax (STT) in a range between 0.017 per cent and 0.125 per cent. Most analysts believe that though LTCG in some form will be introduced eventually, given that the government is grappling with larger issues like revival of growth, job creation, and rural stress, it is unlikely that a measure which dampens investor sentiment will be implemented in budget 2018.Here is a quick ...

Budget 2018: Govt doesn't rule out fiscal consolidation pause in FY18

Modi expected to strike a balance between giving incentives to taxpayers before 2019 national polls and reassuring rating companies looking for an improvement in one of Asia's widest budget deficit

Budget 2018: Revenue shortfall put corporate tax cuts on hold

Modi pledged in 2015 to bring down corporate taxes over four years, but businesses are still waiting for a roadmap on how that will happen

Budget 2018: After Economic Survey 2018, all eyes on what Jaitley does on Feb 1

The Survey places the GDP growth estimate for the current fiscal at 6.75 per cent

Budget 2018: India needs defence acquisition regulator

An independent regulator will force all decision-making entities to agree on a plan that is in line with the requirements of the armed forces and the finances of the country

Budget 2018: Brokers asked to collect higher margins to contain risks

There are concerns that the huge build-up of positions in equity derivatives could pose a systemic risk

Budget 2018: India's healthcare crisis is holding back national potential

India has the highest population of children stunted (low height for age) due to malnutrition, at 48.2 million

Markets see best pre-budget rally in 12 years

With a gain of 6.7% thus far in January 2018, the S&P BSE Sensex has seen the best run in one month prior to the Union Budget presentation in over a decade. The last best performance was way back in February 2006, when the index had gained around 5%, data show.The recent rally, analysts say, comes on the back of a liquidity super-cycle and buoyant global equity markets and not just budget expectations that are getting frontloaded ahead of the event. "I don't think the up move is happening in anticipation of budget. The importance of this event from the point of view of markets and economy has come down over the years, as a lot of key steps / reforms are being done outside the budget. This is a genuine bull-run which is backed by liquidity and the positive sentiment across global equity markets," says Jigar Shah, chief executive officer, Maybank Kim Eng Securities.Thus far in financial year (FY18), foreign institutional investors (FIIs) and mutual funds have invested Rs 198.91 ...

Budget 2018 session: Modi urges Opposition to pass Triple Talaq Bill

PM Modi also said the session would discuss how the Budget can benefit the minorities and the backward sections of society

Budget 2018 session: PM Narendra Modi urges Opposition to pass Triple Talaq Bill

Budget 2018: Brokers asked to collect extra margins to contain risks

There are concerns that the huge build-up of positions in equity derivatives could pose a systemic risk

Eyes on Economic Survey 2018 as Budget Session of Parliament begins today

FM Arun Jaitley will table the Economic Survey for 2017-18

BS Explains: The Economic Survey of India