🔰 Emphasis was on to create uniformity in taxation on all assets as it is in many developed countries and tweak it marginally upwards. All listed financial assets as Long Term if held for more than 1 year, non-financial Asset will be considered long-term if held for more than 2 years. 🔰Exemptions available to shareholders […]
Markets are always tricky and unpredictable. From the perspective that BJP falling short of the majority can be nasty for the markets, to this day. Now BJP is well short of the Majority, but we have the same faces in the governance. A seemingly well-placed govt. which rides firmly on optimism of coalition and a […]
🔰 The Budget for 2024-25 sets a tone of balanced growth despite fiscal consolidation (a government policy that aims to reduce deficits and debt). 🔰 The budget aims to adhere to financial discipline but at the same time focuses on higher capital outlay. KEY POINT: 1.Undivided focus on Capital Investment. 2. Income Tax Slabs remained […]
Despite massive pessimism around the global economy right since the start of the COVID crisis, the global economy has reshaped and fought back. The year 2022 brought back again fear of recession in developed economies. But investing prudence always lies in looking at the larger picture not only at a chip of the block. Â […]