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164 ArticlesBudget

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Budget 2015: Watch How Subsidies Have Eaten Up Our Government Spending

We welcome the Budget 2015 series with a post on Subsidies. The government pays for many things for us: Food: The government buys food and lets it rot in large ...

Bonus Stripping and the Impact of Arb Fund Unwinding on the Market

You gotta hand it to Manoj Nagpal (@nagpalmanoj). (He’s a great guy with excellent insights on mutual funds!) In a conversation on the impact of ...

Tax Arbitrage Using Arb-Funds To Be Removed?

Value research says it’s likely that in the budget, Arbitrage funds will be considered debt funds for the sake of tax. After the last budget (July 2014) ...

Five Things We'll See In Budget 2015

I write at Outlook – Five Things We’ll See In Budget 2015: There are a lot of expectations from the NDA’s first full budget. Here’s ...

Make Long Term Capital Gains Tax Free Only After Three Years of Holding

Equity capital gains are free if you sell shares after a year. You don’t pay long term capital gains taxes for shares sold on a stock exchange. But if ...

Jaitley Removes Retrospectivity in Debt Mutual Funds, But FMPs Will Still See Tears

NDTV reports that the higher tax on debt mutual funds will apply only from July 10 onwards, and not “retrospectively”, from a statement given by Arun ...

Budget 2014: Effective Corporate Taxes Lowest in 4 Years, Large Companies Take Most Advantage of Tax Exemptions

Each year, the Ministry of Finance, along with its annual Budget, releases a Statement of Revenue Foregone. This year, being the NDA’s first tenure in 10 ...

Budgetonomics 2014 Released: Capital Mind’s Budget Analysis for Rs. 199

You’ve read Capital Mind and you’ve heard of the Budget. Here’s our take on the budget in a 50+ page book-style report, that you can read at leisure. ...

RBI Allows Lower CRR/SLR for Infra Bonds, Eases Infra Lending After Budget

The Finance Minister had announced in the Budget that there would be impetus for long term bank lending to private sector infrastructure projects by providing ...

US Funds Will Pay 15% Cap Gains Taxes in India

One interesting move in the Budget is to classify gains of foreign portfolio investors (FPIs) as capital gains. Foreign investors that buy and sell stocks or ...