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economictimes.indiatimes.com | February 29, 2016
Seeking to deepen the markets and attract more investors, the Union Budget today proposed tax incentive for mutual funds and new derivative products even as hike in securities transaction tax left stock brokers disappointed. In a significant move, the government has decided to allow up to 15 per cent foreign shareholding in domestic exchanges, a step which BSE feels would boost investments and improve overall functioning of the bourses....
| April 25, 2016
"""We have been encouraging them to look at how they can improve productivity, whether it be through infrastructure development, because that is such an important area, or skills training,"" said Tim Piper, Victorian Director of the Australian Industry Group.
""Making sure that people are ready to go to work, that they are employable and they have the skills we need.""
Victoria had the fastest economic growth rate of the states in 2015, with state final demand (which does not take into account...
| April 22, 2016
"""Tax relief, hopefully they'll give us an incentive to employ people, especially small people like ourselves who are a one man show,"" he pleaded.
That's despite the fact that tax rates for small business were cut in last year's budget, and there was an instant write-off for the purchase of assets up to $20,000.
""It's great if you got it, but if you haven't got it, how are you going to use it? For me it doesn't help,"" said Mr Trovato.
He said, for sole traders like him, a better option wo...
| March 01, 2016
Given the objective of the Government to attract substantial capital investments from offshore and domestic investors for its various flagship initiatives including Make in India, Start-up India, Stand-up India and Digital India, the Private Equity / Venture Capital (PEVC) sector was expecting Budget 2016 to incentivise investments, address several anomalies and uncertainties affecting the PEVC sector....
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