"The GDP numbers are better in Q2 when compared with Q1, thanks to easing of lockdowns. From -23% in Q1 to -7.5% in Q2 is definitely recovery and more importantly better than the predictions of many agencies. The growth in...
“In case of recognised provident fund (RPF), the withdrawal is exempt if the employee has completed five years of continuous service. In case of less than five years, the withdrawal is tax exempt if the employment is discontinued by reason...
"This is a move to tap the debt market, the potential of which has not yet been optimally utilised. Total funding to the tune of Rs. 1.1 lakh crore would be done to the national infrastructure pipeline comprising both of...
"Any case for loss of depositor's savings could lead to bank runs and erosion of confidence across the banking system, therefore this move was necessitated in the larger interest of the sector and economy," said Divakar Vijayasarathy, founder and managing...
Divakar Vijayasarathy, founder and managing partner, DVS Advisors LLP, said, "Though the RBI committee recommended for conversion of NBFCs into banks, there have been reports in the past that the Board of Financial Supervision of RBI has in principal decided...
Despite a surge in October GST collections, the central government is still staring at a substantial shortfall in tax revenue. According to Vijayasarathy, Founder & Managing Partner, DVS Advisors LLP, “In comparison with the previous year, we can expect the...
Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP replies: Short-term capital loss on equity oriented mutual funds can be set-off against long-term capital gains of debt mutual funds. There is no restriction on the type of mutual funds for...
Divakar Vijayasarathy, founder and managing partner at consulting firm DVS Advisors LLP, said the RCEP deal was not favourable for India, particularly for its farming community. “RCEP was politically sensitive issue since access to India’s dairy market would have been...
Divakar Vijayasarathy In the words of the Father of our nation, “action expresses priorities”, irrespective of our statements, what we do means where our focus is. Covid has taught us what can be done with collective deliberate action. India, at...
The capital infusion of around Rs. 10,200 crores for specific sectors such as defence manufacturing, etc. is continuation of the steps to encourage domestic manufacturing. More than the Atma Nirbhar Bharat 1.0 & 2.0, the third package can be expected...
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