Searched for
DISINVESTMENT INCOME
Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first dayStrong institutional demand prompted the government to exercise the oversubscription option in Coal India’s offer-for-sale. Investors place...
Monitoring monetisation targets: A scalable InvIT approachFacing fiscal challenges, the government can leverage Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) t...
Income Tax dept seeks details from NRIs, offshore firms on unlisted share deals, flags valuation and fund source concernsIndia’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and ...
Budget Basics: Where does government get all the money it needs?The Union budget defines the government's income, which primarily consists of revenue and capital receipts. Revenue receipts include taxes ...
Past losses of PSUs under strategic divestment can be set off: CBDTThe change in income tax law has been made in a bid to make strategic divestment of PSUs more attractive, said experts, since normally such...
PSUs to be allowed to carry forward losses accumulated prior to divestment: CBDTThis will make disinvestment deals of ailing PSUs more attractive for strategic investors. Under normal tax provisions without this relaxat...
Cut in personal tax possible: CLSAAny cut in income tax rates will be seen as a boost for discretionary companies.
Budget 2019: Budget a pack of competing goals amidst slower growth, says Moody'sThe government will have to rely on one-off revenue such as disinvestments and transfers from the central bank, and off-budget spending to ...
Interim Budget: 10 Things to watch out forWhat should you watch out for in today's interim budget.
Disinvestment proceeds spent only to meet fiscal deficit: CPI-MYechury said disinvestment proceeds were only spent to meet fiscal deficit instead of being used for capital expenditure & social sector sc...
DDA proposes to review reserve price fixation for disposable propertiesBetween the rate determined by evaluators and the circle rates, whichever is higher, can be adopted by the Committee as the reserve price, ...
Disinvestment proceeds to fund PSUs, banks, insurers: Finance MinistryAlso, the fund will be used for preferential allotment of CPSE shares to promoters so that government holding does not go down below 51 per...
- Government authorises NIF to buy shares of PSUs
The NIF will also be used to recapitalise PSU banks and public sector insurance companies, an official release said.
- ONGC disinvestment process successful and satisfactory: S S Palanimanickam
The government has said that method for dilution of its stake in public sector enterprises will be decided on case by case basis.
- Govt mulls PSU disinvestment piggyriding on follow-on offers
The government will consider disinvesting its stakes in profitable listed public sector units when these come out with follow-on offers.
- No plans to change NIF guidelines: Finmin
Ruling out any plans to restructure the National Investment Fund (NIF), the government today said the proceeds from disinvestment of the NH...
- PSU bidding norms weak and porous, says House panel
A standing committee on finance has severely criticised the disinvestment ministry for its guidelines on disqualification of bidders.
- PSU selloff: Land valuation flayed
A Parliamentary committee has severely criticised the government on the issue of land valuation in divestment of stake in PSUs, saying asse...