The report shows that Nepal encounters a funding need of between 8.24% and 11.75% of GDP per yr until 2020 (at 2010 prices). 1.3 billion per year until 2020. As a share of GDP, it amounts to around 8.48% of GDP. Sector-wise investment need was 1.65% GDP for transportation, 0.59% GDP for electricity, 5.14% of GDP for ITC, and 1.10% of GDP for drinking water and sanitation. Nepal’s existing infrastructure investment hovers around 5% of GDP. There is a need to range up investments especially in electricity and transport as the inadequate supply of these are the most binding constraints on growth.
Modernisation of railways is approximated to require about Rs 50 lakh crore of investment. The federal government has proposed open public private partnerships and selective route privatization to augment its resources. Initiatives like building a national power grid and a warehousing grid shall have far-reaching benefits. Explained: Why aren’t cars selling? For simple doing business, tax compliance is crucial. The government’s plan to apply e-assessment is a large game changer: It will bring transparency and reduce harassment of tax payers due to subjective individual treatment. The government’s effort in resolving pending indirect taxes litigation through Sabka Vishwas Legacy Dispute Resolution Scheme is commendable.
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- Wise and unwise use of money – Luke 19:11
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- 2018 BUDGET: SECOND PROPOSAL
- A DCF requires too many assumptions and can be manipulated to yield any value you want
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This scheme covers, past disputes and provides relief ranging from 40 to 70 %, and comfort on levy appealing and fines as well. With all the current constraints on expenditure, the finance minister has allocated funds across various social segments. The budget has increased funds assigned to central-sponsored techniques by 8.8 % to Rs.
3,31,610 more. The full total expenditure of the federal government has increased by 13.4 % from the revised estimates. The fiscal deficit has been held under check at 3.3 % of GDP. The budget satisfies the demand for investment and development without troubling the fiscal math. It is not redistribution but growth that counts. The perfect minister has rightly said that we have to boost the size of the cake. Economic development is our focus on and the focus on empowerment of the weaker sections of the society through education, health care etc is the answer.
Rather than hosting a conference call, he and I figured that exposing his CEO to the SA audience within an open (but controlled) environment of advanced investors will be a more effective and transparent course of action. Q&Ain handling specific issues should be especially appealing soon as shareholder activism boosts (as is expected partly due to certain upcoming guideline changes).
While Target (TGT) could fight Pershing Square’s Bill Ackman, by leveraging the constant stream of shareholder traffic to its corporate web site, others aren’t so fortunate. Companies with limited site traffic shall be pressured to use other platforms to fight shareholder activists. While heavyweight Bill Ackman may be considering a far-fetched example for some companies, consider Ironfire Capital’s Eric Jackson who took on Yahoo! 100 stocks of stock.