The target of 5.9% is also likely to be met next year, finally bringing it down to below 4.5% of GDP in the financial year 2025-26
As economic inequality in the country widens, crorepatis pay very little on long-term capital gains
What do the Budget proposals, as well as the proposed LIC IPO and privatisation of one general insurance company mean for the sector? Nikita Vashisht explains
Tax holiday on capital gains, tax exemption for aircraft lease rentals paid to foreign lessors
Experts say since most startups are loss making, tax holiday will have limited immediate impact on them
Direct tax body denies reports that stock or day traders are required to furnish scrip wise details in return of income for AY 2020-21
One of the key points to note while accounting for these investments made from April to July is that a deduction once claimed in FY20 on an investment made, cannot be claimed again for FY21
Most experts have now turned cautious on the road ahead for the stock market - at least in the short-to-medium term - as they expect the economy to slow even further
NSE, BSE to conduct a special trading session on February 1; settlement of trades on February 4
The breakthrough measure, if it materializes, will be doing away with capital gains on sale of property
"LTCG for unlisted shares (invested by AIFs that are regulated by SEBI) should be reduced to 10 per cent. Enhanced surcharge should be rolled back on unlisted shares," said IVCA
Recently, the Insurance Regulatory and Development Authority of India (IRDAI) allowed those under the age of 45 years to also buy Ulips with a lower sum assured
In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains
Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market
The corporation tax rate could be reduced to 18 per cent if exemptions are removed, he said
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say
Listed shares received through family succession or will of the deceased and acquired till January 31 will not attract STT
The markets have been in a downward spiral since the proposed reintroduction of the long-term capital gains tax
Sell any of these stocks after that date, when the new financial year starts, and you could be liable to pay tax at 10%
Till the Lok Sabha election results are out, investors would be better off formulating investment strategies for managing the volatility and stock-specific wealth creations