Modi government
The Modi government wants to provide all the facilities to the infrastructure sector and they have allowed the infrastructure finance companies to issue secured debentures with a tenure of up to 30 years. This move is expected to help in raising long-term funds for the sector. Besides, infrastructure debt fund non-banking financial companies (ID-NBFCs) have [...] Continue Reading »
In order to revive the slump in the industries and safeguard the interests of the MNCs and large conglomerates, Corporate India has requested the Finance Minister Arun Jaitley to exempt special economic zones (SEZ) developers and units from the levy of minimum alternate tax (MAT). The previous government did not pay any heed to this [...] Continue Reading »
Even though the market sentiment and the stock market has improved after the formation of the new Modi led government and the manufacturing and service sector is hopeful about the rising GDP, the private equity (PE) firms are still playing safe. They are cautious about the return on investment expectations and exit from old investments [...] Continue Reading »
Mr. Narendra Modi, our new P.M believes in implementing and executing projects, bills and acts in a time bound fashion. In line with his election manifesto, he has charted the ten top priorities for the country which will be released to the press on May 29, Thursday. In his first interview to the media after [...] Continue Reading »
Modi believes in time bound work and had charted out a ten point revival agenda on Thursday. He also urged all his ministries to design a 100 day priority time table. Parliamentary Affairs minister Venkaiah Naidu talked in details about the proceedings of the Cabinet meeting to the reporters. Agenda- Finance Ministry The finance minister [...] Continue Reading »
The Modi government wants to improve ties with Japan, and wants to encourage cross-border trade and investment. However Japan is demanding some policy changes and concessions in the areas of taxation and expansion of its banks in India. Japanese Industrial Clusters Sources said that the country of rising sun is waiting for a faster execution of [...] Continue Reading »
A Special Investigation Team (SIT) was formed on Tuesday May 27 to black money, money sitting in foreign banks and money laundering issues. This historic decision was taken on the very first meet of the cabinet ministers lead by Shri Narendra Modi. Addressing a press conference, Law and Telecom Minister Ravi Shankar Prasad mentioned that the SIT [...] Continue Reading »
Narendra Modi-led new Government at the Centre will apparently give high priority to roads, railways, ports and several other infrastructure projects; but there will probably be a lot of challenges to be faced. The manifesto of the Bharatiya Janata Party (BJP) had envisaged “all-weather roads” for all villages; and had highlighted its objective to develop [...] Continue Reading »
Capital Expenditures or Capex (expenditures creating future benefits) were low in the previous Government and that had slowed the pace of growth in the country. As the new government takes oath in a magnificent ceremony on May 26th and the important portfolios were given to the cabinet ministers, a wave of new hopes crossed India [...] Continue Reading »
