If deficits increase, that can lead to inflationary pressure and raising interest rates.
MSME sector covers 90 per cent of the businesses by volume and is a pivotal sector for India.
The expectations for some radical or path breaking policy announcements are dim, largely because it is to be a vote-on-account budget. On healthcare, major concerns revolved around Goods and Services Tax.
Removal of tax on long term capital gain, increase in tax exemption limit and removal of dividend distribution tax can help bring stability in the market while making the investments in mutual funds more lucrative and beneficial for the investors.
Also to overcome the current problem of Chinese products flooding the Indian market, we need to ensure that we start manufacturing locally. And this is exactly what the superpower countries are doing where India is lacking.
Section 54EC exempts capital gains of up to Rs 50 lakhs arising from the transfer of long term capital assets. This exemption is presently available for long term capital gains arising only from the transfer of land or building or both
Keyman insurance can be defined as an insurance policy where the proposer is a company, the premium is paid by the company, the claim also goes to the company, but the insured is an employee
The decrease in import of solar panels and promotion of domestic manufacturing will only become feasible if the government announces favourable initiatives and schemes that provide a platform to develop local manufacturing infrastructure.
On the downside, support is established at 10,700 - 10,650. These are important for this move and a breach of these levels will see a downward move to take the index to lower levels of 10,200 - 10,250.
ELSS has the lowest lock-in of just 3 years among all Section 80C options. ELSS saves up to Rs 46,800 a year in tax.





