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basant
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   Posted: 29/Feb/2008 at 12:32pm |
I think markets will forget the 15% Short term capital gains and move ahead on tha basis of the increase in exemption limit.Our savings rate could move up further from this.
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nitin_jagtap
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Posted: 29/Feb/2008 at 12:32pm |
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The sick people in Teir 2 and Tier 3 cities wont find going to the hospitals TAXING anymore I guess.
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Warm REgards
Nitin Jagtap
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gopal
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Posted: 29/Feb/2008 at 12:47pm |
TEDies,
Can we list the banks that will be effected ....... by the way will axis bank, icici bank, etc be effected too .....
Can we list the sectors / stocks that would benefit .....
thnx
BAD NEWS INCREASES :-- On tv they just informed that 50,000 cr will be the waiver and further 10,000 cr at least will be settlement loss with big farmers ..... so total would exceed 60,000 cr ...... I mean why can not personal loans be written of too ......
Edited by gopal - 29/Feb/2008 at 12:52pm
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Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful
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nitin_jagtap
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Posted: 29/Feb/2008 at 12:53pm |
New gen private sectors banks no impact ....most PSU banks will have to take a hit on their books in the coming quarters .
Once total budget report comes out we can list all stocks and sectors that are benefitted..anyways there no major changes except some tinkering of duties/taxes here and there.
Personal loans are not given to farmers ....only agri loans are given and thats what can be written off.
Edited by nitin_jagtap - 29/Feb/2008 at 12:55pm
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Nitin Jagtap
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gopal
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Posted: 29/Feb/2008 at 12:54pm |
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YUP the budget was so good that my entire stock portfolio has gone red .... for the first time since august 2007 ..... What the americans could not do we seem to be capable of doing ourselves .....
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Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful
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basant
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Posted: 29/Feb/2008 at 12:55pm |
Banks will be reimbursed so the extent of affect is curtailed. We need to watch the mode of compensation. Private Banks wil be relatively immune to this.
I am repeating that increase in tax limit will spur consumption for goods targetted at the middle class. The TV flash says that this emasure could increase savings by Rs 55,000 crores that is about 1% of our GDP!!!
We should look at the magnified effect if some portion out of this amount is actually spent.
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gopal
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Posted: 29/Feb/2008 at 12:59pm |
Originally posted by nitin_jagtap
Personal loans are not given to farmers ....only agri loans are given and thats what can be written off. |
Nitin Bhai,
I understand logic of writing off 50 thousand crore of poor and marginal farmers ....... but I could not understand the logic of one time settlement losses for big farmers that would cost the government at least 10 thousand crore ...
So it was on that logic that I wondered if one day when middle class becomes the biggest vote bank in India .... then may be some FM in future would be writing of personal loans ...
THNX
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Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful
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nitin_jagtap
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Posted: 29/Feb/2008 at 1:12pm |
Originally posted by gopal
[
So it was on that logic that I wondered if one day when middle class becomes the biggest vote bank in India .... then may be some FM in future would be writing of personal loans ...
THNX |
FM can write of loans on PSU banks or urge them to write off and then we will have another sub prime crisis in India also.
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Nitin Jagtap
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