Taxing Dividends

How the budget could address this issue? As the government prepares for an important budget on February 01st, there are a plethora of expectations from the budget. A very important expectation pertains to how dividends will be treated. We could see some interesting changes in this budget on the dividend taxation front. Here are 3…

Jio in the Black

How Jio reported profits in 15 months flat… When Reliance Jio, the telecom arm of Reliance Industries, reported a net profit (you heard it right) in 15 months flat, there was already a sense of anticipation. The company had reported an operating profit but a net loss in the September quarter. For the quarter ended…

Trade Deficit

Why the government needs to be actually worried… The trade deficit for the month of December came in sharply higher at $15 billion. That is nearly $2 billion higher than normal months. While the spurt in trade deficit is understandable due to higher imports, there are some larger issues that India needs to be worried…