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YES Bank claws back Rs 1.44-crore performance bonus of ex-MD Rana Kapoor

YES Bank said that it has not paid any bonus to Kapoor for FY17 and FY18. He drew a salary of Rs 6.48 crore for the ten months he served as MD & CEO, before his tenure ended in January. YES Bank......

Bad news for those planning to sell shares of Infosys

After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax Investors offloading shares of Infosys following allotment of bonus shares will have to pay......

New ITR form: More pain for salaried employees

The new ITR forms have shifted the entire onus on taxpayers to prove their claim for deductions, expenses or exemptions.Tinesh Bhasin reports.Illustration: Dominic Xavier/Rediff.com The new Income......

When tax plays spoilsport with ESOPs

The tax imposed on buyback of shares and employee stock options is different in case of listed and unlisted companies, says Sudipto Dey. Illustration: Uttam Ghosh/Rediff.com. E-commerce major......

Trusts withdrew Rs 4,000 crore prematurely from Tata Sons in May

Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate Two trusts controlled by Ratan Tata withdrew significant......

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