Mitali Nikore discussed the structural issues in India’s tax system, highlighting that only the top 10% of income earners pay taxes. She emphasized the need for progressive taxation and suggested focusing on GST to expand the tax net. Nikore also called for reconsidering corporate and small business taxes to ensure broader revenue collection.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025