So these companies, the report said, have been under significant scrutiny in GST regime and have been facing challenges in claiming refunds. Companies facing denial of refunds have increased, and so has the number of queries, audits and investigations. The AAR rulings have not helped either. … [Read more...] about Industry seeks government intervention on disputes on classification of IT-BPM services as ‘intermediary’
How tax cut affects middle class
Jaitley added: “Our campaign for television and radio will emphasise on national security, government's achievements, women empowerment through Ujwalla scheme, campaign against corruption, PM Kisan Yojana, the welfare of the poor, middle class and newly emerging middle class.” … [Read more...] about Here’s what campaign songs of Congress and BJP talk about
Market participants are however, cautious largely because tax cuts and deregulation have already been priced in, with the rally through the last three months. Recent executive orders by Trump, which will likely slow the flow the talent into the country and raise geopolitical tensions, did prove to be a setback to the feel good sentiment, but has not been enough to really dent the rally. Further, Dallas FED President Robert Kaplan reiterated the FED view, for sooner rather than later rate hikes, This along with recent upbeat US economic data have spiked rate hike chances in March to 50%. Higher interest rates will support bond markets, which could prompt an outflow from equities. … [Read more...] about Dow Heading To More Record Highs?
Q) The biggest driver of the equity rally is US markets? Some experts on D-Street feel that there could be some correction post US elections, and the same could flow down to emerging markets like India. What are your views?A) It is tough to predict the short term direction of markets even in the best of times. Trying to predict the direction of markets basis an outcome of an election and that too during the pandemic, is infinitely hard. … [Read more...] about DAILY VOICE | Healthy earnings expected for pharma sector in FY21: Gautam Duggad of Motilal Oswal
Gucci is now designing with these video games and virtual realities in mind. Triefus says that for about five years, the brand’s designers create with the assumption that clothes will exist on the runway, but may also be worn by avatars and incorporated into games. “The worlds of fashion and gaming are colliding,” Triefus says. “We’re approaching gaming with a sense of experimentation, because this will put us in a good position to be ahead of the trends when they become ingrained.” … [Read more...] about Would you spend $10,000 on a virtual dress? Gucci is betting on it