'We have to retain some fiscal headroom without compromising on the promised fiscal consolidation roadmap.' IMAGE: Finance Minister Nirmala Sitharaman speaks in the Lok Sabha, December 17, 2024.......
Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose......
'You may see some movement indicating a simpler tax regime with less exemptions, but with fewer tax rates making life simpler for taxpayers.' Illustrations: Dominic Xavier/Rediff.com Rahul Bajoria......
The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax......
The demographic dividend, growing financial maturity, and the emergence of mass markets work in favour of India. Illustration: Dominic Xavier/Rediff.com Bank of America (BofA) Securities expects......