No interest on home loans for NRIs
As per the news by the agencies, the apex bank of India, Reserve Bank said that non-resident Indians would not be eligible for incentives on interest on home loans of up to Rs 10 lakh. The bank...
View ArticleAt Yahoo: Budgets and Stock Markets
I write about Budgets and Stock Markets in my first piece on this Year’s budget, in Yahoo’s Special Budget Edition . (Reproduced in Full) The budget has traditionally been an important part of the...
View ArticleRobust growth in Indirect tax collection
As per the news in PTI, the government said it hopes to exceed the estimated figure 3.36 lakh crore, through indirect tax collection for this fiscal in view of the optimism in the economy. Boosted by...
View ArticleMy Live Budget Commentary
Just a quick note. I’ll be speaking on the Budget 2011 Live at http://in.specials.yahoo.com/budget2011/commentary . I’ll post transcripts later. Meanwhile, go there. This post is written by Deepak...
View ArticleBudget 2011: The Said and the Unsaid
With this budget, the FM has said a lot, but there is a lot that he has left unsaid , which are just as important. But let me cut the bullshit and get to the point: what does this mean for you? No...
View ArticleDuty Free: Bring Rs. 35,000 Worth Goods Back
There was one thing that interested me a lot: towards the end of the Budget Speech, the FM said : 217. Baggage allowance for Indians travelling abroad was last revised in 2004. I propose to increase...
View ArticleAngel Investors Beware: Funding Startups Could be Classified as Income
Startups, founders and Angel investors, please note the change in Budget 2012 that has been slipped in, innocuously. Look at the “ Memorandum ” under section “ Share premium in excess of the fair...
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Markets Have Moved -1.08% On Budget Day
This is from my pre-budget Yahoo post , now updated a week later with post-budget values. Update : The market moved down 1.16% on budget day 2012, mostly post the budget speech. In the run up to the...
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Defining India’s Poor
I write at Yahoo on the recent poverty report : India may be a poor country but we all differ on what “poor” is. There was a furore last year when a per-capita income of Rs. 32 a day was considered...
View ArticleHike in reservation fee and superfast charges from April
Long distance train fair will be further hiked from April 2013. Train travellers will have to pay more from Monday as the hike in reservation fee and superfast charges comes into effect. Though...
View ArticleBudget 2016: Widening of the DDT net to Individuals/ HUF/ Resident in India
Prior to today’s session of Budget 2016, dividends received from the companies listed on the stock exchange was not taxed in the hands of the shareholders (Individuals/ HUF/ Resident of India). The...
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