Budget Series 2018-19: Fino-Graphic #2 – LTCG tax

– Prasun Banerjee, Editor TJEF This Budget Season, we witnessed huge drama on the stock market, with Finance Minister announcing the revival of the LTCG-tax of 10%, the market nose-dived and continued to do so until the magical word of “grandfathering” announced by Mr. Arun Jaitley. Here we try to pictorially depict what LTCG-tax means […]

Budget Impact Analysis – Auto Sector

By Dhanyakumar M H Expectations from Industry: Cut in corporate tax from 30 to 25% Implementation of the vehicle scrappage scheme Incentives for hybrid and electric car production to be extended Removal of connection between size of car and tax Push for infrastructure to offer a quality road in the long run What Budget has […]

Budget Impact Analysis – FMCG and Consumer Durables Industry

By Nishant D’Souza Year on year FMCG companies has posted robust results in their 3rd quarter reason being many major festivals happen during this period. However, the same was not emulated this year, companies posted flat or below par results as demonetization sent the FMCG sector into paralysis and the only budget could be the […]

Budget Impact Analysis – Banking & Financial Sector

By Payal Sachdeva and Tuhina Kumar Expectations Increase in tax concessions on bad loan provisioning as the Asset Quality Review by RBI has led to a steep increase in provisioning. The total requirement of capital infusion by banks till march 2019, as gauged in 2015, is 1,80,000 crores out of which the government has committed to allocate […]

Budget Series 2017-18 #5 Tax Implications

By Nimisha Khattar & Tushar Abhyankar Before the budget was due, speculations were rife that the Union Budget of 2017 will bring relief to the taxpayers especially individuals. The move was correctly guessed so, as this budget brought a reduction in taxes. Following are some of the important tax amendments in this Budget – Individual […]