Such a correction in stock markets could trigger the classic emerging market "stall" in capital flows and force further hikes in interest rates, which will be quite inimical to economic growth.
India Finance Minister in the BJP-led Government Yashwant Sinha changed the practice, inherited from the British era, of announcing the Budget at 5 PM on the last working day of February to announcing the Budget at 11 AM of the last working day of February.
Tax slab rejig: It is expected that the minimum exemption limit may be increased from INR 2.5Lakh to 3Lakh per annum so as to give more purchasing power in the hands of the common people and small entrepreneurs.
BOOSTING REAL ESTATE: Governments" ambitious plan "Housing for all by 2022 may see some important announcement, loans may get cheaper, taxes may be reduced.
Klopp challenges ailing Liverpool stars to show they are world class
Next up for Liverpool is a trip to Huddersfield Town on Tuesday, and three points are vital in their quest for a top-four finish. Liverpool have not suffered successive league defeats since September 2015.
Farmers of the country are expecting subsidy in seed, fertiliser prices from the budget that will be tabled by Arun Jaitley on Thursday.
Now, looking at this Budget, there are some things we want to come out as reforms. While personal income tax will be the most popular lookout, the country has its hopes hung on this Budget for the upcoming financial year. Now, one of the reasons - and while there are many, this appears to be a key one - of tax evasion is the amount of paperwork.
Ahead of the budget, the Finance Minister and other top officials take part in the halwa ceremony.
Mumbai: The countdown for the Union Budget 2018-19 has begun.
6 highlights from Super Bowl Media Day for the Patriots, Eagles
Locals have gone so far as to ban Eagles and their fans from restaurants and Airbnb accomodations, among other unpleasantries. The Patriots lost that game but would win their first Super Bowl under Belichick five years later.
'We expect the Union Budget 2018-19 will have provisions of bringing relief to the worldwide level Condom manufacturers like us, so that the consumers can be benefitted by affordable pricing of our most impressive product portfolio developed through extensive research into their preferences and needs, saidMr. While there is a separate policy that addresses the issues of the export sector in the country, this budget the government must increase the support for exporters of the country, who have struggled due to delay in the refund of input credit tax under the GST regime.
India is one of the most promising markets and holds the potential to become the largest market in the world.
January 31: With the presentation of this year's Union Budget slated for Thursday, consumer durable majors are looking forward with hope to government initiatives such as "Make in India" to improve India's Ease of Doing Business.
By Ausang Shukla The past 12 months have been momentous for the financial services sector in India.
INDIVIDUAL INCOME TAX: Will the finance minister have some good news for the salaried and the middle class? "In order to fulfil the vision of Make in India, such encouraging measures are urgently required".
Movie stars storm premiere of buzzed-about 'Black Panther'
Snipes admits he is very interested in making a return as Blade , or join the Marvel Cinematic Universe as a different character. Other looks that absolutely slayed us were Angela Bassett's gold fringed jumpsuit and Issa Rae's colourful concertina skirt.
Noting that in today's economic environment, scarce capital is allocated to markets offering optimal returns, Biswal said global businesses allocate investments where post-tax returns for a given risk profile are highest.
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