Opinion

Budget Unlikely to Offer any Succour to Capital Markets

Despite a ₹50-trillion market-cap wipeout, fiscal constraints, weak tax buoyancy and currency pressures leave little room for the Budget 2026 to offer direct relief to capital markets.

Chokkalingam G

January 24, 2026 at 6:38 AM IST

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Budget 2026

Why the Budget Should Support Development Goals

Beyond headline numbers, this Budget must align fiscal discipline with productivity, inclusion and institutional reform to sustain growth and realise Viksit Bharat.

Ashima Goyal

January 23, 2026 at 6:04 AM IST

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Capital Discipline Is Not Investor Hostility

The Supreme Court’s ruling in Tiger Global tax case signals institutional maturity, not caprice, as India shifts from capital accommodation to capital discipline.

Srinath Sridharan

January 21, 2026 at 8:58 AM IST

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Foreign Investors Keep Fingers Crossed as Tiger Global Loses Tax Case

The SC judgment makes it clear that grandfathering is not a blanket amnesty. If an investment vehicle lacks economic substance or fails beneficial ownership tests, it may still face scrutiny.

BasisPoint Insight

January 15, 2026 at 4:00 PM IST

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India Cannot Tax Virtual Services of Foreign Firms After Delhi HC ruling

Delhi HC's Clifford Chance ruling shows India must update tax treaties to tax virtual services as current laws trail the digital economy.

Sangeeta Jain

January 8, 2026 at 8:25 AM IST

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How Presumptive Taxation Can Transform India's Investment Climate

NITI Aayog’s presumptive tax proposal could cut disputes, boost FDI, and give foreign firms tax certainty by replacing PE litigation with fixed rates.

Sangeeta Jain

December 19, 2025 at 9:05 AM IST

Fiscal Calm Masks Fragile Math Built on Windfalls and Deflators

India may meet its 4.4% deficit goal this year, but only through one-off gains and statistical cushions that leave its fiscal base exposed.

BasisPoint Groupthink

November 13, 2025 at 12:36 PM IST

Finance Ministry

Lower Taxes, Higher Trust

GST rationalisation is quietly reshaping India’s fiscal philosophy, from taxing more to trusting more.

Nilanjan Banik

October 25, 2025 at 12:24 PM IST

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Crypto Without Clarity: India’s Risk of Leading From the Shadows

India tops the world in crypto adoption. Yet its unclear rules, high taxes and hesitation risk turning a booming movement into a missed opportunity.

N. Srinivasa Rao

October 16, 2025 at 4:26 AM IST

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Income Tax Bill 2025

Are Electoral Bonds Making A Comeback?

New income tax bill exempts contributions received in the form of electoral bonds from taxable income

TK Arun

February 15, 2025 at 2:13 PM IST

Global Minimum Tax – ‘Trumpnado’ Comes As India Braces To Unveil New Rules

India is set to implement OECD’s global minimum tax of 15% in the Union Budget 2025, but the US withdrawal under Trump raises uncertainties. The move may trigger resistance from other tax jurisdictions, challenging the global tax framework.

Shailendra Kumar

January 31, 2025 at 2:08 PM IST

The Bureau

Equities Slide as Rupee Hits Record Low Amid Foreign Outflows

India Faces Higher EU Tariffs as GSP Suspension Hits 87% of Exports

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Bloomberg Defers Call on India Gilts Inclusion for Global Aggregate Index

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