Finance Minister must clarify on REIT Tax to give it a boost When the Budget 2020 shifted the onus of taxation from DDT to the investors, one of the big worry was for the REITs. As per the new rules, investors in REITs and INVITs will also have to pay tax on dividends at their…
Supreme Court AGR ruling may have opened a Pandora’s Box On 14 Feb, the Supreme Court came down heavily on telecom companies and the DOT. As they rush to adhere to the SC judgment, it could open a Pandora’s Box for the Indian economy. What happened till now? On October 24, 2019, the SC passed…
CPI inflation at 7.59% may compel RBI to change its stance CPI Inflation for the month of Jan-20 came in at a 68-month high of 7.59%. This was largely driven by food inflation but core inflation has also chipped in with its own contribution. That could be something for the RBI to be cautious. Double…
Why oil prices crashed by 20% in the last 2 months? Most people did not realize that the price of crude oil had touched a yearly low at $54/bbl and had fallen nearly 20% in a span of just 2 months. Here is why the oil prices cracked. Chinese pandemic fears The Chinese Coronavirus fears…
RBI’s rate decision was largely along expected lines The RBI policy announced on 06th Feb had little by way of surprises. The RBI held on to its repo rate of 5.15% leaving the reverse repo at 4.90% and the MSF and bank rate at 5.40%. What were the key drivers for this status quo? Inflation…
Telecom sector becomes the theater of the absurd The telecom troubles are far from over and nothing really happened on the 23rd January, which was the deadline for AGR payments. The DOT has asked the courts to be lenient with the telecom firms but the telecom story is gradually becoming a case of the theater…
Budget 2020 must be transparent about the real fiscal deficit No economist, policy maker or even CEO of an Indian company believes that the government would be able to hold 3.3% fiscal deficit in 2019-20. Some leeway is bound to be there in a year when outlays are growing and inflows have been tepid. But…
Why the markets need to take the Sensex fall more seriously The markets started off on a somber note during the week with the Sensex losing nearly 820 points in the first 3 days. The fall was significant for two reasons. Firstly, such sharp falls are not seen in the midst of a pre-budget rally.…
Telecom needs a resolution; and it is needed really fast When the RBI requested for a lenient approach to the telecom AGR dues, they were principally worried about the huge exposure that banks had to the telecom sector. With Supreme Court rejecting the curative petition to review the AGR order, it does look like the…
What are budget expectations on the personal taxation front? The government decision to cut corporate tax rates aggressively in Sep- 19; built huge investor expectations. With an economic slowdown, there is a sharp demand for more tax breaks. Here are five things the government can do in the current context to reduce personal taxes and…
