Senior bankers say that despite the low rates, there seems to be no dearth of deposits
2 min read19 Oct 2020Budget 2020 gives Income Tax payers the option to choose a lower tax regime if they give up all tax exemptions. Leaving aside the debate over whether the new tax regime reduces taxes, the very idea of removing exemptions is bad economics. Tax exemptions are an important policy tool for the government to nudge citizens to adopt economically significant habits, especially that of saving. This savings pool is crucial for both government and private investment. Exemptions can also be used to stimulate particular sectors of the economy, such as housing or medical insurance.
5 Feb 2020Mutual funds have registered a 31% compounded annual growth rate from 2014-18Funds have doubled their share of gross household financial assets from 3% to 6% during 2014-18
2 min read28 Aug 2019Having more goal-oriented products and appropriate tax structuring will go a long way
4 min read23 Jun 2019From the risk of fraud, the discussion is moving to poor investment decisions and disclosureThe focus of investment decisions should be both on the return and risk features of an instrument
4 min read5 Mar 2019Delaying the investing decision, staying away from equity and going in for wrong advice are some of the common mistakes people make
8 min read3 Dec 2018Household financial savings as a percentage of gross national disposable income (GNDI) rose from 9.1% in 2016-17 to 11.1% in 2017-18, the highest in at least the last seven years
2 min read30 Aug 2018If household savings continue to decline, it may pose a serious challenge to the GDP growth and macroeconomic stability, says a report.
1 min read21 Aug 2018ICICI Securities is betting on getting a lift off from the shift in household savings to financial assets from physical assets in the aftermath of demonetisation
2 min read19 Mar 2018To increase investment demand, savings and capital formation in the household sector needs to improve, and a revival in the real estate and construction sectors is needed
4 min read9 Feb 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared