Page 3 - Budget 2019

Onus on private investment

The focus has to be as much on keeping the risk premium in check as on controlling the levels of the risk-free rate

Don't tread on Sebi

The market regulator needs financial autonomy

Nirmala Sitharaman's maiden Budget gets parliamentary approval

Sitharaman said the Budget 2019-20 proposals including raising tax on super-rich and levy of a tax on high value cash withdrawals were aimed at creating the new India

UP govt tables Rs 13,595 cr Supplementary Budget, expressways get big chunk

Rs 150 cr provided for preparing DPR of the Rs 36,000 cr Ganga Expressway, which is touted to become the world's longest access control expressway when completed

Wait for valuations to correct further before you buy market favourites

Value is emerging beyond frontline indices

The case for balanced budgets

Govt must fix a hard budget constraint, not via some mythical number such as a percentage of GDP but via an absolute number that balances the budget, writes TCA Srinivasa-Raghavan

More penal power for Customs dept

Proposed amendments in Section 104 of the said Act would allow arrest of any person fraudulently obtaining duty credit scrips for more than Rs 5 million

New deduction on affordable homes benefits loans with longer tenures

Joint owners would not be able to get the additional tax deduction due to caveats

FPIs go on selling spree post super-rich tax, withdraw Rs 7,712 cr in July

FPIs had been net investors in the equity segment in the previous five months

Welcome change

Budget session among the most productive in two decades

Budget 2019 marks a paradigm shift

It quells all doubts about the private sector being the dominant agent for wealth creation in the economy

Govt to levy 2% TDS on cash withdrawal over Rs 1 cr from multiple accounts

The total TDS paid on cash withdrawal beyond Rs 1 crore will be adjusted against the total tax dues from the taxpayer.

Best of BS Opinion: Have our institutions responded adequately to frauds?

From trade trouble to future demographic shocks, here are the best of Business Standard Opinions for the day

Sebi chief questions Budget plan for transfer of surplus funds to govt

In a letter to the finance ministry, Tyagi said the proposed move would affect the functioning of Sebi as well as the securities market

RBI as housing finance regulator

In the long run, the integration of regulations between banks and HFCs will prove beneficial for the industry and borrowers

Brace for new 'crudities and inequities'

How the IBC transformed into a tool to stigmatise business failure

Govt may cap overseas bond sale at $5 bn this yr, huge risks involved: DBS

Instead, the report argued that increasing the ceiling on foreign portfolio investors in govt securities is a better option considering the huge risks in raising debt in a foreign currency

A well-being fiscal Budget

There are lessons for India in New Zealand's path-breaking attempt at taking a philosophical approach to budgeting

Portfolio managers pin growth hopes on Budget proposal for NRIs

Market participants said the industry can tap into NRI investments waiting on the sidelines, which is yet to translate into flows on account of some of these operational challenges

Explained: Will tax on the rich hit foreign investments in India?

There is still a possibility of some relief to the FPIs, when the parliament gives final approval to the tax proposals later this month