MAT credits will not be lost if you shift to the new tax regime Over the last few weeks, the press has been rife with the recent clarification given by the CBDT. In fact, CBDT had recently clarified that companies that shift to the new 22% tax formula Read more [...]

How HDFC Bank, RIL and TCS have held the markets aloft On the day RIL results were announced, the company touched a record market cap of Rs.900,000 crore. This is a record of sorts and immediately led to worries in the market about rich valuations. Currently, Read more [...]

It is time to find an enduring solution to BREXIT When the UK House of Commons voted to put off the BREXIT vote on Saturday, it was the umpteenth time that the deal has been left in the limbo. After more than 3 years of beating round the bush, it is Read more [...]

News Announcement Impact Analysis British Parliament postpones vote on the crucial BREXIT deal In a move to delay the BREXIT by another 3 months, the UK House of Commons opted to postpone the vote This would mean that the October Read more [...]

After a 6-day rally in the stock markets, one can expect some profit booking on Friday considering that the next week will also be the festival week for the Indian markets. Longs are likely to cover ahead of festive season. We continued to stay Read more [...]

For now it looks like the BREXIT deal is done and dusted; sans the requisite approvals. BREXIT deal has been signed between UK and EU and now starts the actual divorce. EU’s Jean Claude Juncker announced that 27 EU members had endorsed the BREXIT deal, Read more [...]

News Announcement Impact Analysis If the tax cuts announced have to be really meaningful, then MAT credits need to be addressed urgently. In fact, MAT credits of Rs.75,000 crore may be a big roadblock to lower tax rates. Even as the Read more [...]