Category: Economy

Tax on under construction property is another case similar to restaurants. While the tax rate here is 12%, effective outgo would be lower as builder should pass on the tax…

The Goods & Service tax (GST) completes 18 months of its implementation and the developments so far have been very encouraging. After the initial months of excessive hassles related to…

The year 2018 would be most remembered for the IL&FS crisis which emerged almost out of the blue and crippled the financial sector ultimately leading to the exit of RBI…

Other than the liquidity issue, the recent RBI-government stand-off also revolved around enhancing credit facility to the MSME sector. To aid to the government’s efforts, PSBs recently announced quick loan…

Farm loan waiver has again hit the headlines with recently elected chief ministers approving the scheme. The mainstream media, economists from all strata and also the RBI through its various…

Index of Industrial Production (IIP) has recorded an increase of 8.1% for the month of Oct’18 as per the data released by MOSPI yesterday. While monthly rate may show substantial fluctuation, average…

Unlike equity market where one can buy/sell even one stock, derivatives are traded on minimum lot size basis with Rs 5 lakh as the minimum notional value.For example, in case…

The monetary policy committee’s decision today to keep the policy rate unchanged is not surprising. It could have done nothing else. However what is surprising and somewhat concerning is its…

After hitting a high of 8.2% in June 18 quarter (Q1’FY19), GDP growth has slowed to 7.1% in Sept’18 quarter (Q2’19) as per the data released by MOSPI today. GVA…

Government’s budget preparation seems to have begun with media starting to debate whether it will be a full or an interim budget as is the norm in an election year.…