And this time it was really unlikely to experience a pre-Budget rally. But during the month of January, till date Sensex has given a return of 2.8 percent. This is in spite of India having a muted view in the global market and was expected to have a volatile start in 2017. This was due to global factors like aggressiveness of FED rate hike, continued boldness in international commodity prices, implication of Trump-economics and slowdown in China which are less attractiveness factor for emerging markets. … [Read more...] about Market will be happy if FM keeps a fiscal target of 3.5% in FY18
Facebook 2016 revenue
The present provision in this regard is, Section 10(38) of the Income Tax Act exempts the long term capital gains arising in case of transfer of equity shares on or after October 1, 2004, where such transaction is chargeable to securities transaction tax (STT). However, this provision has been modified in the latest Budget and it is now proposed to levy tax on transfer of listed shares if the STT is not paid at the time of acquisition of such shares. … [Read more...] about Will Budget 2017-18 render ESOPs unattractive?
Finally, as attraction, retention and engagement of women has become a necessity for the corporate world and several initiatives are being planned and introduced by the diversity teams in organisations to drive the same, legislation is playing an equally strong part in mandating convenience measures for women at work. … [Read more...] about Indian laws that empower women
Above all, Super Pumped can serve as a reminder that the best ideas can go awry and create havoc if basic values- of economics, of ethics, laws and of humanity are taken for granted. Because all said and done, Uber’s true valuation can be debated. How much of a technology company it is, and whether its plans of upending the entire transport industry will work, is unknown. But the value of its core ride hailing service is indisputable (There is admittedly, a certain irony to writing that sentence in a pandemic where the world is at home for months, and Uber Eats made more money than cabs last quarter). … [Read more...] about Book review | Super Pumped: The Battle for Uber by Mike Isaac