Archive for February, 2007

New Budget 2007 - Proposed changes

Monday, February 19th, 2007

Salaried employees can expect some relief in the Budget. The income tax exemption limit of Rs 1 lakh is likely to be hiked to Rs 1.5 lakh. Moreover, new tax-saving instruments are to be introducedTax incentives are going to be showered on senior citizens. The qualifying age is likely to ...

BUDGET AND SENSEX

Monday, February 19th, 2007

  I think markets will continue to be volatile and range bound and probably will have to look beyond Budget for us to get proper sense as to where the market is heading for

BUDGET AND SENSEX

Monday, February 19th, 2007

  I think markets will continue to be volatile and range bound and probably will have to look beyond Budget for us to get proper sense as to where the market is heading for

Gems

Monday, February 19th, 2007

 Gitanjali Gems has been a few acquisitions globally to establish their footprint in retail and this is a small acquisition, which is a part of the overall plan. We feel the price target could be upwards of Rs 250-260, which was the earlier price target and it could touch the ...

GENUINE FBT CONCERNS

Friday, February 16th, 2007

  Federation of Indian Chambers of Commerce and Industry, in its pre-budget memorandum, has said that genuine business expenses should be kept outside the purview of FBT.   While the removal of FBT on advertising expenses, expenses on doctor samples and celebrity endorsements are welcome, other genuine sales promotion activities such ...

FBT

Friday, February 16th, 2007

  Confederation of Indian Industry wants FBT to be removed. But if it is not removed, the chamber wants the government to allow firms the option of paying an additional 1 per cent corporate tax in place of FBT, according to a report published by Business Standard.  

sensex dhamaal

Thursday, February 15th, 2007

This year end target for the sensex is 16000. By next year this time it should be above 16500. But if the budget brings in positive structural changes and policy shifts, this target may be take-off in May 2007. ...

PETROL PRICE DOWN

Thursday, February 15th, 2007

The Government today swung into action to tame the rising inflation rate, which stands at a new two-year high. Close on the heels RBIs cash reserve ration hike of 50 basis points, the Government reduced the fuel prices. While petrol rates have been cut by Rs 2, diesel will cost ...

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Thursday, February 15th, 2007

undefinedThe year end target for the sensex is 16000. By next year this time it should be above 16500. But if the budget brings in positive structural changes and policy shifts, this target may be take-off in May 2007. ...

SPEL SEMICONDUCTOR

Thursday, February 15th, 2007

SPEL SemiConductor is India's largest one-stop turnkey IC wafer sort, assembly and test contractor.With 99.95% yield, 24X7 operations, just-in-time delivery, and 6-day airport-to-airport turnkey cycle time, SPEL SemiConductor is the outsourcing partner of choice for chip manufacturers world-wide. ...