Page 2 - Budget 2019

Global reinsurers miffed at pro-GIC bias, seek level-playing field in India

Many are reluctant to invest financial and human capital in a scenario in which GIC Re enjoys the advantage of right of first refusal in reinsurance contracts

Govt may soon take a decision on tweaking FPI surcharge proposal

FM Sitharaman meets representatives of MFs, investment banks, FPIs

Budget numbers indeed look challenging to achieve: DSP MF's Saurabh Bhatia

Whilst the noise on feasibility of budget numbers and risks on sovereign borrowing would persist in the near term, the budget outcome has certainly eased the job for RBI MPC to ease rates further

With govt so zealous about EVs, will the new tax sops spur their adoption?

Start-ups see a boost in demand for EVs with policy backing, but ground realities are different

The irresistible charm of electric mobility

Solar was to India's 2014 Budget what electric vehicles is to the 2019 Budget

Will you replace your cars with electric vehicles? 88% says no: BS Poll

Sitharaman said that Goods and Service Tax (GST) on electric vehicles will be reduced from 12% to 5%

Budget impact: Higher public float may not be tax-accretive for Centre

The higher float may end up benefitting minority shareholders. However, the move may not prove to be very tax-accretive for the government, at least at current stock prices

Budget likely to charge up electric vehicle push with tax incentives

The govt is also examining extension of tax holiday for units operating or planning to set up operations in special economic zones

Infrastructure over incentive to promote electric vehicles: Economic Survey

Despite the challenges, the Survey noted that electric vehicles will be the future in India

From price hikes to tax sops: How Union Budget 2019 will impact you

While fuel and gold are set to get more expensive, the Budget proposes tax sops on affordable housing and electric vehicle loans

EV two-wheeler maker Ather to raise undisclosed sum for greenfield plant

The firm is bullish about EV market after govt's push for e-mobility in Budget

Planning to buy e-vehicle? EV firms trim prices after GST breather

Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget

The interests of the Revenue

Private sector must be a partner of the Revenue, not an enemy

35% minimum shareholding norm for listed firms may be put on hold: Report

The government is also looking for ways to ease concerns of foreign portfolio investors.

Govt to issue overseas sovereign bonds in tranches: FinMin official

Govt to go ahead with plan following wider consultations: Official

Govt's April-June quarter receipts only 14% of Budget target for full FY20

The total receipt comprises Rs 2,51,411 crore tax revenue (Net to Centre), Rs 33,475 crore of non-tax revenue and Rs 4,764 crore of non-debt capital receipts

Tax rise for high earners may trigger fund flight from India: Bimal Jalan

Finance Minister Nirmala Sitharaman, in her budget this month, raised taxes on people earning more than Rs 1 crore a year to at least 42.7%.

Risk to federalism

Finance Commission should not carve out a separate fund

India VIX slips despite market correction in the past few weeks

Since the Budget, the fear gauge has slid nearly 19 per cent, even as the Nifty has slid 4.3 per cent

The Budget, the Survey and the trilemma

The Economic Survey correctly argues for investment-led growth. The Budget understandably wants to tap a cheap pool of global savings. But can these co-exist?