“So, my view is that if the budget disappoints and I think the only way it can disappoint is if they do not give relaxation on personal taxation and those have to be significant,” says Sandip Sabharwal, asksandipsabharwal.com.What is the anticipation? I know no correction is anything to worry because if election outcome is anything … Read more
This year’s Budget, set against the backdrop of a coalition government and the Modi administration’s reduced majority, promises to be particularly impactful. Here’s an in-depth look at which industries might gain or lose from the upcoming budget, along with practical advice for investors. Coalition Government’s Influence on the Budget The nature of coalition politics often … Read more
When Finance Minister Nirmala Sitharaman presents the Union budget later this month, investors, taxpayers, corporates, and mutual fund houses will be hopeful for some significant tweaks in the structure of the capital gains tax, which is currently not standard. The Capital gains tax burden experienced by investors can differ depending on the type of asset … Read more
Pranjul Bhandari, Managing Director, Chief India Economist, Asean Economist, HSBC, says “the construction-led activity has given an alternate source of income to rural India. And all of these things come in cycles. I think we are on the upward side of a new financial cycle and things like credit growth, housing prices, construction activity all … Read more
(As part of a Budget special series by ETMarkets.com, we reached out to money managers seeking their perspective on Budget 2023 with a simple question: What if I were the Finance Minister of India) Amrit Kaal Vision:The foremost thing to keep in mind as the FM would be the Amrit Kaal Vision of becoming a … Read more
As the Union Budget 2023–24 knocks on investors’ doors, it is time that they brace for possible additional volatility in the financial markets. The Finance Minister will present the budget on February 1st, 2023 and the expectation is that she will continue and also expand on the already laid down path of structural reforms while … Read more
The Q2 real growth figure of 6.3% isn’t completely unexpected. As the effect of the low base wore off, growth was bound to slow. There are two questions that remain. What’s growth likely to be in 2022-23 and what’s the trajectory of growth from 2023-24? For both, I think, the range is between 6.5% and … Read more
While finance minister Nirmala Sitharaman is expected to present a once-in-a-century Budget today, the government has also lined up a legislative agenda to boost infrastructure, investment and tech. ET looks at some key economic bills to be taken up during the Budget session of parliament. Source link