Everyone wants a tax cut this Budget: Here’s what’s feasible

THE ECONOMIC TIMES Thu, Jun 27, 2019 | 11:36 PM IST ET Investment Opportunities

Everyone wants a tax cut this Budget: Here's what's feasible Finance Minister Nirmala Sitharaman has a daunting task to keep everyone happy. MFs' midcap bets rising cautiously; smallcaps still a no-no Nifty Midcap 100 has shed 16% since February 2018 while Nifty Smallcap100 tanked 30%. LTCG tax relief in Union Budget? D-St hoping against hope Hope the govt would take a relook at LTCG tax on listed shares and remove it completely. Investors in 60% tax bracket; Budget must not add to the burden The government must be looking at some place from where it can fulfil these aspirations.

Advertorial Will India Thrive in the Fourth Industrial Revolution? Empirical evidence shows us that SMEs tend to suffer the most from onerous regulatory compliance requirements imposed by governments. Advertorial Why do Indian businesses prefer to remain small? UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.

Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Axis Bluechip Fund Direct Plan-Growth 1.63 12.55 12.51 17.67 Mirae Asset Large Cap Fund Direct- Growth 0.07 10.26 14.34 17.42 JM Core 11 Direct Plan-Growth -0.40 10.83 9.86 17.19 Reliance Large Cap Fund Direct-Growth -2.62 9.77 15.50 17.12 Mirae Asset Large Cap Fund Regular- Growth -0.03 9.65 13.17 16.44 FeaturedDSP Equity Opportunities Direct Plan-Growth ★★★★★ -0.59 7.34 6.44 14.32 Start SIP

Economic Times Biz Listings Are you a Financial Service Provider? Are you looking for Financial Advice? List your Business to get Leads Find trusted Professionals near you

Vaibhav Sanghavi on why he is avoiding midcaps now Shorter-term events can keep the market volatile, says the Avendus Capital Co-CEO. If the economy holds up, fish for midcaps, smallcaps: Mihir Vora "We are positive on both the retail as well as the corporate-oriented private sector banks." Brent crude may fall towards $60 level if Iran-US tensions ease Iranian oil exports remain at historic lows as Tehran is shunned by global refiners. Paathshala: Don't put money in NFOs just because NAV is Rs 10 There are several new fund offers open for subscription to investors after the regulator came out with norms on categorisation and rationalisation of mutual fund schemes.

Advertorial The enablers: These changemakers are helping millions, breaking barriers Across India, with their set of unique product offerings, many new age, tech-led players such as Payworld, ShopX and Shiprocket are playing an enabling role for MSMEs. Advertorial Debunking 7 myths about working moms

Video: Aashish Sommaiyaa says FM won't have much to give As Nirmala Sitharaman prepares to deliver her maiden Budget Speech on July 5, investors wonder that with too many things on her plate already, will it be a market friendly budget? All eyes are set on whether the retrograde LTCG tax will be removed or hiked. Experts hope she maintains fiscal prudence, as she tries to get the economy back on growth path. Ami Shah of ET Online in conversation with Aashish Sommaiyaa of Motilal Oswal Asset Management Co. Ltd. In Pics: What's making the yellow metal glitter A confluence of factors has driven gold prices to a multi-year high. Along with crude, gold is the soft underbelly of the Indian economy, thanks to the lure of the yellow metal. ET looks at the implications for India.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   Alumilite Architecturals Ltd. 30.00 24-06-2019 28-06-2019 City Pulse Multiplex Ltd. 30.00 27-06-2019 03-07-2019 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-D Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000 UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-DY Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000 UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-DQ Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000 UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-Flexi D Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000 UTI Fixed Term Income Fund - Series XXXII - II (1111 Days) Direct-G Debt: FMP Closed-end 19 Jun 2019 03 Jul 2019 5,000 More >>

Real Estate News

Multiple snags trip property tax portals, filing deadline extended Property tax portals of civic bodies are facing multiple glitches. While north and south civic bodies are witnessing technical issues, east corporation's site had to be shut down.

Govt may deliver 1 crore houses 2 years before 2022 date Union housing minister Hardeep Singh Puri said so far more than 81 lakh houses have been sanctioned out of the validated demand for one crore dwelling units.

Centre plans to set up common online platform for RERA of all states, UTs Under the RERA Act, all states are mandated to constitute their respective real estate regulator which provides proper protection to home buyers.

Home buyers left in the lurch for compensation under Karnataka RERA Lacking powers to enforce its orders, RERA has referred the cases to deputy commissioners of districts, asking them to auction properties of defaulting developers and pay out compensation.

Housing sales in Bengaluru zip 80% in Q1 2019 over 2017 The residential markets are coming out of a seven-year downturn and select micro-markets will bottom out in 2019 and 2020, Puri said.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   Shriram Balanced Advantage Fund Reg-D Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000 Shriram Balanced Advantage Fund Direct-G Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000 Shriram Balanced Advantage Fund Reg-G Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000 Shriram Balanced Advantage Fund Direct-D Hybrid: Dynamic Asset Allocation Open-ended 14 Jun 2019 28 Jun 2019 5,000 Aditya Birla SL Pharma & Healthcare Fund Reg-D Equity: Sectoral-Pharma Open-ended 20 Jun 2019 04 Jul 2019 1,000 More >>

Views and Recommendations

Buy Century Textiles & Industries, target Rs 995: Manas Jaiswal 27 June, 2019, 08:57 AM IST Buy Century Textiles & Industries Ltd. at a price target of Rs 995.0 and a stoploss at Rs 950 from entry point. Buy Buy JSW Steel, target Rs 290: Manas Jaiswal 27 June, 2019, 08:54 AM IST Buy JSW Steel Ltd. at a price target of Rs 290.0 and a stoploss at Rs 270 from entry point. Buy Buy Vedanta, target Rs 189: Kunal Bothra 27 June, 2019, 08:48 AM IST Buy Vedanta Ltd. at a price target of Rs 189.0 and a stoploss at Rs 170 from entry point. Buy Buy Grasim Industries, target Rs 950: Kunal Bothra 27 June, 2019, 08:33 AM IST Buy Grasim Industries Ltd. at a price target of Rs 950.0 and a stoploss at Rs 900 from entry point. Buy

More Newsletters

Daily Newsletter Special stories that round up the major developments of the day

Markets Watch Round up of stock, currency, bond, money and real estate market

ET Panache Latest in the world of fashion, technology, food and celebrity

Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2019 Times Internet Limited.

ET Investment Opportunities is now part of your favourite ET Wealth mailer. Property, Stocks, IPOs, NFOs and Mutual Funds – get the latest investment options in your mail box every week with ET Investment Opportunities.

To unsubscribe or edit your subscriptions please click here