The GST Council wants to raise tax rates, when the economy is down in the dumps.
What are they really smoking?
They believe they have been robbed of revenue. With consumption slowing down big time, how can GST revenues keep going up? Basic point.
problem is govt spending which is turn in increasing the fiscal deficit. what govt was supposed to spend by March 2020, they have already spent that money in the first 2 Qtrs only. Govt wants money either they can go for borrowing or increase the tax one way or the other. limited choices they have.
Bumper Listing: CSB Bank debuts at Rs 275, a 41% premium over issue price
Kerala-based private sector lender CSB Bank started off the first day at Rs 275 on the National Stock Exchange December 4, a premium of 41 percent over issue price of Rs 195.
At 10:01 hours IST, the stock was trading at Rs 292 on the exchange, up 49.74 percent over issue price with a volume of 68.66 lakh shares.
problem is govt spending which is turn in increasing the fiscal deficit. what govt was supposed to spend by March 2020, they have already spent that money in the first 2 Qtrs only. Govt wants money either they can go for borrowing or increase the tax one way or the other. limited choices they have.
Who will spend..
Businessmen has no money..even if it is there..no confidence..
private jobs are deteriorating..
Govt employees are getting too much salary and pension but they spend their life in two shirts and two pants..money is lying in their accounts...
but banks not ready to lend...
problem is govt spending which is turn in increasing the fiscal deficit. what govt was supposed to spend by March 2020, they have already spent that money in the first 2 Qtrs only. Govt wants money either they can go for borrowing or increase the tax one way or the other. limited choices they have.
Nobody wants to tackle the real problem which is we dn't generate enough revenue in first place which leads to more tax terrorism and more regulations . This is an unending cycle which we cannot break out of.
No sapna bhai. I was reading a post by user , that CSB is 6th straight IPO in which he did not get allotment .
Apne cylinder bhai ko IRCTC & CSB dono mein nahi mila . Sirf aapko mila.