Access to public deposits:Most leasing companies in India have relied, some heavily, on retail public funds in the form of deposits. Most of these deposits were raised for a 1 year tenure, and on promise of high rates of interest, at times even more than the regulated rate (which was li...
The fundamentals of Indian corporates have improved significantly and so has the profitability across the board. This can be seen in the cumulative and rolling net profit of the NSE 500 universe for the last four quarters (till Q2FY24), which crossed the Rs 12 lakh crore mark. Moreover, af...
On the other hand, with more taxes being collected due to higher deposits in banks that can be taxable as well as increased compliance due to greater scrutiny and oversight by the IT (Income Tax) Department, the government too might be tempted to announce lower rates for taxes and other ...
Kanthapuram AP Aboobacker Musliyar, the Indian Grand Mufti, has stated that making religion a criterion for citizenship is contrary to the constitutional principles of India. He emphasized that such an approach would create divisions among the people instead of fostering friendship and unity, which ...
If you look at the global rates for corporates, including the US, the tax rates for corporates have been lower than individuals in most parts of the world, because finally it is going into productive investment. Therefore, we have ...
The base of the pyramid (BOP) concept, first theorized by Prahalad and Hart [2], argues that top-of-the-pyramid (TOP) consumers are the targets for most products and services offered by corporates, while a large part of the BOP population does not have access to goods and services. In...
U.S. President Donald Trump's administration on Wednesday unveiled the principles of the long-awaited tax reform plan that will significantly cut income taxes for Americans and corporates, ahead of the administration's first 100 days in office. China to spur market vitality via integration of cert...