Today is the biggest political economic event of India the yearly govt. Budget 2017, It has been always the biggest sales event by the media and every year the projections, expectations are on the rise.
The following will be the reactions to the budget to be presented even before analyzing it .
- BJP – Path breaking, pro-farmer & will help the last person in the society.
- Congress – Anti-poor & will increase inflation.
- AAP – For the benefit of Adani & Ambani.
- CPI & CPM – Will serve American interest & will result in mass unemployment. Continue reading
“The point is, ladies and gentleman, that greed, for lack of a better word, is good.” – Gordon Gekko
“Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.” – Warren Buffet
Greed may have been good for Gordon Gekko (at least for a while), but in the investment world it rarely is as Warren Buffett is famous for saying.
Investors are unequivocally greedy today, and with some perspective it is hard to blame them. Continue reading
This is the most event full day in the country,continuing from my last post the India Budget 2012 , the expectations are high because the world biggest democracy has more challenges on every front be it from the basic amenities like toilets. India has more cell phones than toilets Yesterday the Economic survey came out and The survey estimates that GDP will grow 7.6% in 2012-13 and expand at 8.6% in the year after that but the pace is dependable on reform to be optimistic.
Inflation remains the key : Even the survey projected danger of high inflation is not yet over and the government should work to gently bring it down below 5.Income distribution is the another challenge. Continue reading
Budget is a document that sums up the nation’s finances and provides an inkling of expectations in the next 12 months. Amidst strong headwinds in global financial markets, local inflationary pressures and runaway prices, what can be a set of reasonable expectations for Budget 2012.
Indian Budget has always been the biggest show for the government to gain the public support , It’s the report card that need to be presented before the reality has to be delivered.
Below are the certain expectations from different set of group – a nation of over a billion
For salaried people tax sops on housing loans and higher tax exemption limits from the current 180K for man and 190K for woman may be raised to 2.5Lkh.
The corporate sector looking to read the fine print on excise duty harmonisation, any changes in depreciation rates, dividend distribution tax changes and service tax items. Continue reading