A long-pending demand from the stakeholders is either a reduction or elimination of STT (Securities Transaction Tax) and CTT (Commodities Transaction Tax). The transaction costs in India are still too high, which act as a deterrent to participation. As STT mop-up is linked to the state of the stock market, any reduction or abolishment for a year or two can help improve trading volumes tremendously, and thus collections. … [Read more...] about Stocks want to fly higher. Budget 2020 can just lend a hand
Suddenly i see where i want to be
The fact that Amazon is working on hand-recognition payment technologies isn’t a complete surprise. Back in September, it was known that Amazon was working on similar hand payment terminals for use in its own Whole Foods stores. Now, it seems, Amazon sees better use for the terminals by having them in third-party retailers, which allows them to be able to collect much more of your personal shopping data. … [Read more...] about Amazon wants you to use your hand to pay for things at third-party retailers
To come up with the toy concepts, Ikea invited kids all over the world to submit illustrations of whimsical creatures. From the pool of 52,000 drawings that came in, Ikea then picked 10 to turn into plush toys that are dead ringers for the kids’ drawings. The toys retail from $1 to $8, and a portion of the sales will be donated to kids’ charities through the Ikea Foundation. Last year, Ikea raised more than $11 million for charity through its inaugural soft toys campaign. … [Read more...] about Ikea Lets Kids Design Its New Toys, And They’re Delightful
"Parents should take time out to find out what their children want to do instead of pushing them into activities that are considered glamorous which they can discuss in their conversations with their friends," he said.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Speak to me ‘hashtag without filter’: PM Modi to students during ‘Pariksha Pe Charcha’
All in all, the possibility of rolling out a big largesse is unlikely due to fiscal rigidities, especially against the backdrop of the corporate tax cut. How the government goes about implementing reforms will be a matter of deep interest. The next few years may see a jump in investments and it’s highly essential to have measures in place for ease of doing business. … [Read more...] about Budget 2020: What next after the corporate tax cut?