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Tax raids at media baron Raghav Bahl's house

The Income Tax Department carried out searches at media baron Raghav Bahl’s house and office on Thursday in connection with a case of alleged tax evasion, officials said. A team of I-T......

Taxing The Rich To Please The Poor

Taxing the rich will fetch nothing; only votes, argues Debashis Basu. Photograph: Jim Young/Reuters Recently, Bloomberg reported India was preparing to overhaul its direct tax laws to help 'Prime......

Withdrawal Of Debt LTCG Benefits Will Affect Investors

The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N......

After Tax Blow To Debt MFs, HNIs May Turn To AIFs

'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.' Illustration: Uttam......

Tax blow? Brokers keep faith in AMCs

In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). Illustration: Dominic Xavier/ A sharp correction in the shares of AMCs over......

Long-term tax sops for select debt MFs scrapped

Debt mutual funds are likely to be stripped of the long-term tax benefit if they invest less than 35 per cent of their assets in equities. Illustration: Dominic Xavier/ Such mutual funds......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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