Normally, the second section of the Union Budget speech is entirely devoted to the changes in the rates of indirect taxes like excise duty, service tax, customs duty and CENVAT. With most of these indirect taxes (except customs duties) being subsumed under GST, there is little scope for tinkering in the second section of the Budget. Most of the GST related decisions are taken in the GST Council meetings. Hence budget expectations this time around will be more structural in nature. Here are some of the key expectations of major sectoral groups from Budget 2018
As Budget 2018 is about to be announced on February 01st 2018, what are the key expectations of equity investors and mutual fund investors? Here are 10 such expectations that have been built around equities and mutual funds.
What exactly is the US trying to do?
When the Gujarat state assembly results were declared in December 2017, one underlying trend stood out starkly for the ruling BJP. They had done exceedingly well in urban centres but had ceded ground in most of the rural pockets to the Congress. The message was quite clear that victory in Gujarat was more because Gujarat was relatively more urbanized compared to other Indian states. But farm distress, falling farmer incomes and falling output were surely taking a toll on the government’s popularity. The obvious corollary was that the budget will focus on agriculture and rural sector in a big way. After all, it was the Modi government that had promised to double farm incomes by 2022. Here are 5 things that are expected from Budget 2018
Why the latest quarter is a warning signal for telecom
With tariffs coming under further In a quarter when Reliance Jio managed to reach net profits in just 15 months flat, Bharti Airtel and Idea reported fairly disappointing results. Bharti Airtel still has the scale and the international spread to de-risk its business model and that is where Idea could become a lot more vulnerable. Here are 3 things that emerge from the Idea Cellular third quarter results.