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Sebi’s March 24 circular directed Indian asset managers to stop accepting fresh inflows into schemes that invest in foreign shares or ETFs since the industry-wide limit of $1 billion has almost been breached. ....
CBDT chief hints 15 per cent tax for new units may stay longer financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Gross tax revenue to grow at 11.5 per cent, buoyancy to ease financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Experts express mixed feelings on this contentious issue. Some feel it will burden shareholders, while others feel it benefits both the company and the shareholder when compared to the outgo on account of tax on dividends. It remains to be seen how the Finance Minister tinkers with these taxes in the upcoming Union Budget ....