To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.
What the disproportionate focus on macroeconomics misses is fact that to increase economic growth, you need to change behaviour of individuals and firms.
Aberdeen is focusing on long-term effect of changes to India’s tax structure, plus efforts to clean up banking system & make affordable housing available.
President Trump’s signature tax overhaul is aimed at spurring the economy in areas left behind, but the opportunity zones it covers, or rather doesn’t cover, shows some arbitrariness.
Sidekicks are quintessential in Bollywood, and every few years, when a star or lead shines, a filmmaker reminds us that the person next to the hero is a key ingredient in the recipe.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
New tax payers may not save because of tax planning in low return tax saving instruments or house buying. Rather, they will invest now in MF, bonds and shares giving high returns. The government has also not to give subsidies on interest on PPF, EPF, housing loans etc. So now the people will buy hose when they need it and they will rent it otherwise. Buying house is any way loosing charm for new generation in an era of Uber and Ola. This government will change our habits of doing many things which we were used to do.
It seems to me that under this government, the union budget will no longer be a medium for anouncing the future plans of government for the country. Instead, it will be limited to placing a financial statement before the Parliament for approval. Any legislative change required, if not related to money bill, would be done outside the budget.
New tax payers may not save because of tax planning in low return tax saving instruments or house buying. Rather, they will invest now in MF, bonds and shares giving high returns. The government has also not to give subsidies on interest on PPF, EPF, housing loans etc. So now the people will buy hose when they need it and they will rent it otherwise. Buying house is any way loosing charm for new generation in an era of Uber and Ola. This government will change our habits of doing many things which we were used to do.
It seems to me that under this government, the union budget will no longer be a medium for anouncing the future plans of government for the country. Instead, it will be limited to placing a financial statement before the Parliament for approval. Any legislative change required, if not related to money bill, would be done outside the budget.