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NEWS
Urgent need for more ambitious structural and financial sector reform measures in India: IMF
Fri, Feb 14, 2020     Source : Economic Times
India needs to focus in the medium term on fiscal consolidation because of rising debt levels, IMF has said.
NEWS
Budget proposal on remittances abroad triggers fears of double taxation
Wed, Feb 12, 2020     Source : Business Standard
5% to be paid on already taxed income
NEWS
ITC is first to hike cigarette prices post budget; makes them 10-20% dearer
Wed, Feb 12, 2020     Source : Business Standard
Price increase brought on by spike in National Calamity Contingency Duty announced in Budget
NEWS
12% tax revenue growth achievable in 2020-21 fiscal: Revenue Secy
Mon, Feb 10, 2020     Source : Economic Times
A 12 per cent growth in tax collections next fiscal may look ambitious to some but for Revenue Secretary Ajay Bhushan Pandey it is achievable in an economy that is projected to clock a 10 per cent nominal ...
NEWS
Budget 2020: A missed opportunity
Mon, Feb 10, 2020     Source : Business Line
The Budget 2020, set against the complex backdrop of a slowing Indian economy, has proven to be an incremental rather than transformational roadmap.
MUTUAL FUNDS NEWS
‘Investors should switch to growth option of equity mutual funds to avoid tax blow’
Sat, Feb 08, 2020     Source : Economic Times
Financial planners said Systematic Withdrawal Plan works better than dividend for investors looking for a regular income, as investors can decide the amount they wish to withdraw every month. By contrast, ...
NEWS
Union Budget 2020: A balancing act for taxpayers, govt
Fri, Feb 07, 2020     Source : Mint
The Union finance minister presented Budget 2020 in Parliament on 1 February against the backdrop of a slowing economy at home and globally.
MUTUAL FUNDS NEWS
Amfi seeks clarification from tax authorities on removal of DDT, TDS introduction
Thu, Feb 06, 2020     Source : Economic Times
Industry experts believe that the government's plan to tax dividend at the hands of investors could make dividend plans in equity and balanced schemes unattractive.
INSURANCE NEWS
Insurance sector announcements unlikely to influence penetration rates directly
Thu, Feb 06, 2020     Source : Financial Express
Budget 2020 India: Announcements made in Budget2020 for the insurance sector are unlikely to have a direct influence on penetration rates
NEWS
Nominal GDP growth projections ambitious given structural challenges: Moody's
Wed, Feb 05, 2020     Source : Economic Times
The Budget expects nominal GDP growth of 10 per cent in the next fiscal , followed by 12.6 per cent and 12.8 per cent in FY22 and FY23, respectively.
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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