Tag: budget

Nikhil Nigania of Bernstein explained how PFC and REC benefit from special 54EC bonds issued to save capital gains tax on real estate sales. The bonds\’ lower rates offer loan growth prospects, reduced NPA risks, and decreased competition from dollar bonds, while reversing provisions from distressed assets. These factors attract investors.

Sandip Sabharwal emphasizes the importance of taxation in the upcoming Budget and advises a tactical approach with cash reserves. Sabharwal says foreign investors will return to India once it gets established that US inflation is clearly on the way down and the US dollar starts to weaken, India including all emerging markets will get substantial foreign investor flows