infrastructure

How Wal-Mart entry could change Indian businesses

As Wal-Mart and Bharti gives touches to their deal and bring in modern global business practices to India, one can hope to get “everyday lower prices” as has been the motto of the American giant. The retailers would undoubtedly be benefited by Wal-Mart’s lower cost model but even the Indian consumers may see some indirect(…)

A mutual fund which could give additional tax benefits of Rs.1 lakh

A SEBI committee has come out with proposals for launch of Dedicated Infrastructure Funds (DIFs) by mutual funds. It has proposed additional tax exemption of Rs.1 lakh for investing in DIF but with a 7 year lock in period. Also, capital gains arising on account of the transfer of long-term capital assets may be exempted(…)