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Will the Tax cut (Revised GST) for the Real Estate to be benefit ? On February 24, 2019 - the GST Council recommended to revise the GST Rate on Real Estate Properties. Previously, the GST Rate for the Normal and Premium Housing projects, it was noted at a 12 percent. It is also considered for the properties costing Rs. 45 lakh and above. Now, the revised GST Rate is 5 percent which is effective from 1st April, 2019. For the Affordable Housing, earlier the GST rates were stood at 8 percent, now it was revised to 1 percent. Previously, the buyer or customer should pay a service tax for the under construction property. After the changes in GST, the buyer need not pay any amount as a tax before the completion of a Property. The Buyer is also have to pay the Registration and Stamp Duty fees for a property, the stamp duty usually varies between the State Governments, lies approximately around 5 to 8 percent. Last day (25-02-2019), the share prices of the Realty Stocks saw a good rally due to

India Trade deficit fell to USD 14.73 Billion in January 2019 The Country's Trade deficit fell to USD 14.73 Billion in the last month, Exports were grew by 3.74 percent to USD 26.36 Billion. The Export numbers mostly driven by Chemicals, Pharmaceuticals, Ready made garments, Gems and Jewellery and the Engineering Goods. The Sale of Chemicals were increased by 15.56 percent, Pharmaceuticals by 15.2 percent, Ready made garments were at 9.33 percent, Gems and Jewellery by 6.67 percent and Engineering Goods by 1.07 percent growth in the Exports. Imports in the last month January 2019, were stood at USD 41.09 Billion. India's trade deficit were also decreased to USD 14.73 Billion. The Trade deficit of during the same period in the year of 2018, was seen at USD 15.67 Billion. The Import of Gold rose by 38 percent to USD 2.31 Billion. Last year in the January 2018, the Gold import was seen at $ 1.8 Billion. For India, the trade deficit for the last 10 months in this current Financial

Budget India 2019 - Highlights Over the past few weeks, the Indian Stock market was moving forward with the expectation of Budget Announcement. The Indian Stock market rallied before the budget day and in the budget day. No one expected on budget day, the prices of Automobile sector went up due to the price cut on GST and related news on Agriculture. On February 1st, the budget bill for the 2019 was announced by the Finance Minister Mr. Piyush Goyal in parliament. Finance Minister said in the end of budget day, 'It's not an interim budget, this budget is the roadmap for development for Indian economy '. As everyone expected, the offer had in the Income Tax. Without changing the rates in the Income Tax slab, cleverly the tax rebate was offered. It was called as a budget that would benefit for the Farmers, the Unorganized Labors and the middle class men. However as the opposition parties said that the budget was based on upcoming election. So, we can expect what are the thing

Will the Budget 2019 be the favorite day of the Indian Stock Market ? The Budget to be held tomorrow (1st February, 2019) may not an Annual budget, it would be interim budget. The Government's Budget in a country is gaining importance among the people, not only for the Financial Markets. There are lot of interests and expectations about the budget that if any other concessions, policies and other financial aspects by each of us. The Budget for a country will be similar, like the budget we are making in our family. So, we cannot just let this be the budget for the Government, It's everyone's Financial Budget. This system will be beneficial for us to see how the current government has budgeted its Income and expenses in the past and for the upcoming days. Two decades ago, usually the budget file will be published in the evening of the day. But over the past periods, it was changed to announce in the first week of February and in the morning time. So, it will help us to find a

Interest rates for Small Savings Schemes in India - January 2019 In the recent years, the Bank Interest rates are at low in India. The Past year 2018 ended with the stock market was not excessive earnings and the investment in Gold has been appreciated a little. Inflation in India has been in the numbering of four percent and below in the past half year. The Consumer inflation in India were declined to 2.33 percent in the November of 2018. The RBI (Reserve Bank of India) had also  unchanged with its interest rates in the recent months. The interest rates for small savings schemes recently announced by the Government of India, which has seen as the same by the past announcements. The New Interest rates for Small Savings Schemes in India are effect from January 1 to March 31, 2019. The Basic Savings account rate were with the same rate of 4 Percent. This is applicable for Banks and Post Offices on Savings account are there is no maximum limit on this part of account. For the One year Te

Foreign Direct Investment in India - FDI Inflow Last day's US Fed rate declaration affected the stock markets globally as slightly. The Central bank has also been downgraded the GDP rate for US to 2 percent for the FY2019. The announced interest rate by 25 basis points to 2.5 percent from 2.25 percent, will impact in the upcoming months. The US administration was also ready to withdraw the sanctions of Rusal, The Russian Aluminium Company. After the move of Russian Billionaire Oleg Deripaska's reduce of his stake in Rusal, the Donald Trump government had taken the decision of Withdraw sanctions on Aluminium. Globally, the trade war between the nations is a key factor will decide the economic situation. India may have on this impact. Crude and Currency Changes are in Volatile, as the Economic growth can change too. The amount of Foreign Direct Investment in India also changing in the past few years, where the global market tells its concern. In India, the FDI data shows that it

Where are the stairs going ? - Indian Economy   When i am writing this post, Dalal Street was crashed and recovered a little (Negative), but not completely. Yet the fear due to on upcoming Elections. It's not only for India in the Stocks, but for the Wall Street too. Wall Street makes a record with the biggest drops because of the continuation on rise of Treasury Yields. The US economy was also induced on Global Bond sell off. However the US economy numbers were said that the Unemployment rate comes down to 3.7 percent from 3.9 % (September 2018). The Long term unemployment rate was also reduced to 0.82 % from 0.88 percent. Whereas the Growing and developing country's Unemployment rate (India) had raised to 6.61 percent from 6.32 % which it was in August, 2018. For the front, more people are taking their bag for the Entrepreneurship, on the other side it worries due to the unemployment numbers. Dollar-Rupee conversion support is not a good health for the growing country. This

Interest rate hike for Small savings scheme for Q3FY19   The Last trading day of this week (21-09-2018), Nifty50 and Sensex tumbled down and finally settled with (-0.81 % Nifty) and (-0.75 % Sensex) respectively. Today afternoon the sensex went down above 1000 points ( 35,993) as compared with the previous close of (37,121) and Nifty50 also down from the high of 11,346 points to the day's low of 10,866 , but finally Nifty50 closed with 11143 points. DHFL (Deewan Housing) crashed and closed with 42 percent down on the panic news on Default rumours of DHFL bonds. The bond yield is also in the rising rates and presently the 10 year bond yield is trading above the 8 percent. Yesterday, the Government also announced the small savings interest rate for the period of October - December 2018. The upcoming Q3FY19 interest rates are published with a better rates as compared with the previous quarter (June - September). PPF (Public Provident Fund) and NSC (National Savings Certificate) inte

17 Shares to be De-listed from August 21, 2018 - BSE India   The first trading of this week, the SENSEX and Nifty 50 closes with 38278 points and 11551 points respectively. While the Ministry of Statistics set the release of GDP back series data, really impact with the Political India. Earlier, in the month of May 2018 - BSE India had delisted nearly 200 companies and in July 2018, had delisted 222 Companies and moreover the exchange decided to debarred from accessing the market for a period of 10 years to Group companies, directors, and related promoters. From this date (21-08-2018) , there are 17 shares to be de-listed in BSE India Exchange by Bombay Stock Exchange. So, trading in these stocks has remained suspended over 6 months. IAG Company Limited, Baroda Electric Meters, Graham Firth Steel, Graphic Charts Ltd, Bihar Air Products, Valuemart Retail Solutions, Yule Financing and Leasing Co. Ltd, Kiev Finance are the few firms going to be delisted from tomorrow - August 21, 2018 (

How to transfer or convert your Physical Shares into Demat Format ? Securities and Exchange Board of India (SEBI) already published a notification that there is a restriction on transfer of Physical Shares (Materialized Format) after December 5, 2018 ( Extended - Before April 1, 2019 ). In view of the Investor Protection, one cannot transfer of his physical shares after this December 5 . SEBI always keen to watch the market whether any unusual transactions are going on behalf of the Investor awareness and Protection. So, any investor holding their shares in a physical format is a difficulty one after the mentioned date. Better to serve and do the part (Converting) earlier is a good choice for the investors, but for the traders it's not an issue due to their trade setup. Nowadays, Trade Terminal of the Stock brokers were also enhanced with the technology so that clients or the investors of the broker can ease to transact in the market. After this notification of Physical shares to

India's recent GDP at 7.7 percent on growing economy   The Fourth Quarter of GDP India recently reported by the Ministry of Statistics, grew at 7.7 percent as compared to the previous quarter of 7 percent, is a better one for the country. The 7.7 percent declared as India's GDP for the January - March 2018 and the last quarter of the FY 2017-18. Earlier the Government of India and Statistical Analyst predicted below the actual report, but it beats the estimate of the GDP concerned. As compared to the China's last quarter of Financial year 2017-18, India were just ahead of China's Gross Domestic Product stood at 6.8 percent. The First three quarters of GDP were at 5.6 percent, 6.3 percent and 7 percent respectively. So for that, the recent GDP result is a better view on a growing economy. The GDP growth mostly comes from the Agriculture, Manufacturing and Infrastructure. For the FY 2017-18, the GDP of India grew at 6.7 percent , but it still went down from the previou

The First 100 Billion Dollar Indian Company   India's Biggest IT - Software Company named, ' Tata Consultancy Services ' or TCS creates a record on Stock Exchange yesterday. A remarkable note that the company raised its market capitalization more than 100 Billion US Dollar . Not only raising the capitalization, but also the first ever Indian company crosses this $100 billion mark. The Public Listed Company (TCS) in Stock Exchange recently posted its 4th Quarter results (FY18) with a profit of Rs. 6904 Crores by 4.50 percent growth from the previous quarter. TCS were also announced the 1:1 Bonus issue to the share holders and a final dividend of Rs. 29 /- per share by the growth result. It also said that the demand space in Digital Technology made its contract transactions as successful and this result ended in a special one. The $100 Billion Company started in the year of 1968 and became the biggest software company in India, now holds its position as one of the World&#

Wholesale Price Index (WPI) Inflation eases at 2.84 % for January 2018     Wholesale Price Index (WPI) Inflation India eases at 2.84 % for the month of January 2018, which is a 6 months low due to the decrease price of Food products and fuel. There was a 1.88 % WPI inflation for the last July 2018.   The WPI for the December 2017 was at 3.58 % as compared to this January, the recent inflation difference with the previous was at 0.74 %. The Vegetables are at low and the Onions were at high prices in January.   Wheat, Egg, Fish and Meat are the low prices, but the Fruits went high. Due to this, the inflation slightly adjusted with average there. The Fuel prices are also decreased to 1.2 % this January, as it was at 8.8 percent in the last December 2017. Vegetables and Onion Inflation Prices are 40.77 percent and 194 percent respectively. The Fruit prices were at 8.50 percent. The Fuel and energy went at 4 %   ( Read this post after the advertisement... )       The Retail Inflation (Consu

  Frequently Asked Questions (FAQs) regarding taxation of long-term capital gains(LTCG) proposed in Finance Bill, 2018-reg,   ( This article is the press release of Income Tax Department - FAQ regarding taxation of long term capital gains - Budget India 2018 dated 4th Feb, 2018 ) Under the existing regime, long term capital gains arising from transfer of long term capital assets, being equity shares of a company or a unit of equity oriented fund or a unit of business trust, is exempt from income-tax under clause (38) of section 10 of the Act. However, transactions in such long-term capital assets are liable to securities transaction tax (STT). Consequently, this regime is inherently biased against manufacturing and has encouraged diversion of investment to financial assets. It has also led to significant erosion in the tax base resulting in revenue loss. The problem has been further compounded by abusive use of tax arbitrage opportunities created by these exemptions. 2. In order to mi

  Budget India 2018 Highlights   The Budget India 2018 submitted today ( 01.02.2018 ) under the Prime Minister Narendra modi's National Democratic Alliance (NDA) Government by the Finance minister Arun Jaitley . This budget report is Arun Jaitley's fifth and last budget by this NDA party. Budget discussed and recommended mostly for the Agriculture, Business and Health care related. Government also said to helping the farmers for the high production and generating higher income. Govt. needs the farmers to earn on production cost by 1.5 times and for the Khariff crops, the minimum selling price (MSP) set at 1.5 times by the production price. So, the farmers can get a valuable profit and to avoid the middle men.     Funding for Agriculture market of Rs. 2000 crores and also to strengthen the Agri infrastructure with fund of Rs. 22,000 crores.   Credit Target for Agriculture upto Rs. 11 lakh crores and 100 % tax deduction to the farm co-operatives for the first 5 years.

Economic Survey 2018 for the Budget India   Economic Survey 2018 for the Budget, was reported by Finance Minister Mr. Arun Jaitley in the Parliament last day (29.01.2018, Monday) and also with President of India's presence - Mr. Ramnath Kovind. The Budget for the year 2018 will be held on 1st February. This coming budget is Arun Jaitley's fifth and the last for the National Democratic Alliance (NDA) Party in this period. There are so many things discussed in the economic survey 2018 meet and some of the highlights for you,   India's GDP growth expectation at 6.75 % for the Financial Year 2017-18 and will be around 7 - 7.5 % growth for the FY19.   Fiscal Deficit will stand with 3.2 % for the Financial year 2018 and the Retail Inflation will be 3.3 % (FY 18). Industrial growth expectation at 3.2 % and the Export growth at 12.1 %   Recently, Inflation (Consumer price index -CPI) stood at 5.2 % in December 2017, which was 17 months high and the export also gains

  The Insolvency and Bankruptcy code (IBC) - Need meaningful   The Insolvency and bankruptcy code (IBC) was passed and became effective in the year 2016, by the parliament. The IBC splits the creditors as financial and operational, which provides top rights to the financial creditors to control the appointment of the resolution professional and choose the resolution plan.   This law will able to protect the interests of small investors and create the process of doing business with a trouble free process.It also helps to give the lenders to access, foreign assets of loan defaulters.   It is made to be strengthened with the additional of provisions covering Cross-border insolvency. If any company went bankrupt in India, which have a foreign asset - so the lenders can access the foreign assets of them.   Country's Cross-border insolvency law also inline with the UNCITRAL (United Nations Commission on International trade law) model.  If any other country has dealt with the

  ₹  10 Rs Coins are Valid, as legal tender - RBI   The Reserve Bank of India (RBI) reiterates legal tender status of   ₹  10 Rs Coins of different designs and valid. so, the RBI says that public can continue to accept the 10 Rs coins as legal tender.   The reason for the reiteration, that in certain places there is reluctance on part of traders and members of public to accept   ₹  10 Rs Coins due to suspicion about their genuineness.   The RBI also clarified that puts into circulation, the coins minted by mints, which are under the Government of India.These coins have distinctive features to reflect various themes of Economic, Social and cultural values and are introduced from time to time.   Up to now, there are 14 designs are issued in  ₹  10 Rs Coins, so in the market for public have 14 different designs of  ₹  10 Rs Coins. All these coins are legal tender and can be accepted for the transactions.   Previously, the RBI also issued a press release on November 2016 , r

CPI Retail Inflation rises to 5.21 % - December 2017   The Central Statistical Office(CSO) recently reported the Consumer price index (CPI) retail inflation for India, its rises to 5.21 % in the month of December 2017.    India's retail inflation for december 2017 is at 5.21 percent, and for the November at 4.88 percent, the october had its 3.58 %.   The current inflation of December as it had the 17 month high, since in the mid of august, 2016.   Food and beverages stood at 4.85 %, Clothing and footwear at 4.8 percent, and the housing, energy with 8.25 percent and 7.90 % respectively.   Earlier, the Reserve Bank of India's (RBI) expected inflation for the second half of the financial year 2018, is between 4.3 to 4.7 percent. But it had crossed the expectation mark.   So, may the RBI changes the rates in the upcoming policy meeting. The next meeting for the policy will held on February 7, 2017.   As the RBI's expectation is not well, but the SBI said, i