The government has exempted units of investment trusts and ETFs issued by entities based in GIFT City or traded in exchanges there from capital gains tax. Photograph: Amit Dave/Reuters The Central......
Alternative Investment Fund refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian......
As per the Budget proposals, migration of a fund to a fund in IFSC will not be regarded as transfer if done on or before March 31, 2023. Transfer of units will be tax neutral. Grandfathered......
The government on Friday proposed hiking the securities transaction tax on Futures & Options (F&O) contracts, a move that will increase the trading costs in the derivatives segment as well as help......
'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a......
The hits and misses of the week. Aishwarya Rai Bachchan and Randeep Hooda starrer Sarbjit opens weak, improves only marginally over the weekend and drops on Monday. It will be a loser. Trade......
The hits and misses of the week. It has not been a very good weekend for Bollywood at the box office. Sunny Leone's One Night Stand did not seduce the audience. Manoj......
The hits and misses of the week. Mohammad Azharuddin may have lots of fans but they certainly did not throng the theatres to watch a film on him. Azhar got mostly poor reviews, despite Emraan......
The logjam at the Delhi District Cricket Association is all set to end as 19 members of the all-powerful executive committee proposed the name of former India batsman Ajay Jadeja for the chief......