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Debt funds held over 3 yrs may lose indexation benefit, to be taxed as par with FDs

Once the amendments to Finance Bill 2023 gets Parliament assent, holders of mutual fund schemes which invest up to 35 per cent of their assets in equity shares would be taxed as per their slab rates.

Vishwas panjiarLok sabhaNangia andersenFinance billDebt fundsIndexation benefit

Govt to scrap long-term tax benefit for debt mutual funds investing less than 35 pc assets in equity

Govt to scrap long-term tax benefit for debt mutual funds investing less than 35 pc assets in equity
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

Vishwas panjiarLok sabhaNangia andersenFinance billFinance ministry

Budget - Income Tax department mulls modifying valuation rules for taxing foreign investment in unlisted companies

New valuation rules by IT department will try to establish a common ground between Fema and IT rules

New delhiRajat mohanVishwas panjiarDepartment for promotion of industryNangia andersenFinance billInternal trade

IT deptt to come out with modified valuation norms for taxing fgn investments in unlisted cos - Jammu Kashmir Latest News | Tourism

NEW DELHI, Feb 12: The Income Tax Department is likely to come out with modified valuation rules under the I-T Act for ascertaining the fair market value (FMV) of shares of unlisted companies for the purpose of levying tax on non-resident investments, an official said. The Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the IT Act, thereby bringing overseas investment in unlisted closely held companies, excepting DPIIT-recognised startups, under the tax net. The official said that amendments are […]

Rohinton sidhwaVishwas panjiarDepartment for promotion of industryNangia andersenIncome tax departmentAssociates senior partner rajat mohanIt actFinance billInternal tradeSenior partner rajat mohanIndia partner rohinton sidhwa

NDTV - I-T department nod not needed for Adani to acquire NDTV shares

The orders have not been issued against Prannoy Roy and Radhika Roy individually and do not relate to their equity ownership in RRPR

Anita basrurAshok shahPrannoy royRadhika roy prannoyVishwas panjiarRadhika royVishvapradhan commercial pvt ltdSuditk parekh coNangia andersenNa shah associatesHolding pvt ltdHoldings privateAssociates senior partner rajat mohanPvt ltdAssessing officerIncome tax act

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