At the 54th GST Council meeting on Monday, FM announced reduction in the GST rate on selected namkeen snacks or savoury items to 12% from 18% earlier.
Brokerages expect the government to avoid decisions, such as hiking LTCG or STT, which could disturb the market mood.
The focus will be on continuation of existing capex agenda in infra, railways, defence, and renewable space, says JM Financial.
Fiscal deficit for the current financial year has been revised to 5.8% of GDP, in comparison with 5.9% earlier.
Markets oscillated in a narrow range on the budget day and settled marginally lower as investors resorted to profit booking at higher levels.
‘Best Investments’ special issue and the accompanying pre-Budget package will provide valuable insights to plan investments in the New Year.
Global institutions like WHO, UN, and WTO, among others, have become less effective now and need reforms, says FM Nirmala Sitharaman.
The government wants India to become a manufacturing hub and will consider a PLI scheme for the chemicals and petrochemicals sector, says FM Nirmala Sitharaman.
Finance Minister attended a session on “Microfinancial implications of crypto assets” at IMF (International Monetary Fund) headquarters.
Finance minister has proposed major tax reforms in a push to the new tax regime. Here's how much you can save.
