'The introduction of a tax on LTCG will be a deterrent for foreign investors and could potentially result in a movement of trading activity away from India to other offshore jurisdictions such as Singapore, which offer better tax rates and sophisticated financial products.'
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
The underperforming metal for 2017 expected to return 17-20%
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
The benchmark M-30 variety of sugar has declined by over 3 per cent in November to trade now at Rs 3,694 per quintal
Dilip Kumar Jha explains what the buyers must do to protect their own interest.
Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...
Valued at $71.2 billion, the bank's market capitalisation is more than that of global banks like Barclays, JP Morgan Chase and Credit Suisse.
In the first nine months of 2017, investment banks pocketed Rs 500 crore for helping companies raise Rs 30,853 crore through IPOs.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
Close to three dozen companies will launch their IPOs over the next four-six months.
Not only primary vegetables, but also additives like garlic, ginger and chilly have recorded a sharp increase in prices
Trading in Samvat 2074 on Thursday got off to a rocky start, with the benchmark indices ending more than half a percent lower and the gauge for banking stocks dropping 1.25%.
Popular sweetmeats are costing a staggering 35% more on spike in sugar prices, veggies are up due to intermittent rainfall the past one week
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
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