The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
Asia to stay flat in 2017. India is better-placed given its low export dependence and it should outperform Asian peers this year says Mixo Das, India strategist for financial major Nomura
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
Aaron Low, principal, Lumen Advisors says in 2017 developed nations will outdo emerging ones.
Legal hurdle cited in I-T action against 32,000 entities.
Over 4 mn bank accounts could be dormant, suspects tax department.
CBDT circular issued last month had raised multiple taxation concerns.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
Market regulator also announces measures for mutual funds sector.
A key demand is to reduce the dividend distribution tax on listed firms.
Deutsche Bank expects the Sensex to climb only 8% in 2017 to 29,000, and expects high volatility.
IT Department asks car dealers to furnish ledgers of all customers who have booked vehicles from November 1.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
The value of the ace investor's personal holdings rose by just 2%.
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
Spread between earnings yield and bold yield lowest since 2013; dividend yield and bond yield lowest since 2008.
The CBI and ED are keeping a close eye on several bank accounts.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.
Sensex up just 6.5% while the best returns were during Manmohan Singh, with the Sensex soaring nearly 167.5%.