FinMin to wait for one more year to take call on LTCG tax: Sitharaman
Experts opined that investors were peeved at the absence of any action on LTCG.
Uniform LTCG spell for equity, property, gold likely
Among the proposals being considered for the Union Budget is that the long term capital ...
DDT removed: What different mutual fund investors should do to maximise gains
The dividend will become taxable in the hands of investors from...
LTCG tax stays; budget 2020 disappoints mutual fund investors
Many mutual managers and investors were hoping that the government may do away with LTCG tax to boost the market sentiment. However, the finance minister did not address the issue in her budget speech.
BJP leaders back D-Street demand for LTCG, DDT tweaks in Budget
India charges 15% STCG tax if shares are sold within a year and at 10% if sold after a year.
At post-budget party, a sombre mood takes hold
The buzz is that almost 90 per cent of the market participants who came to the party were sceptical about the market prospects.
LTCG disappointment, high divestment target making market nervous: A Balasubramanian, Aditya Birla Sun Life AMC
Giving an option to the taxpayers to choose either exemption related tax paying structures or a structure without availing their exemptions, will reduce the tax burden for the large pool of middle class income tax payers and that should also boost the consumption, says A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC.
FM delivered all expected tax changes, but LTCG : Shefali Goradia, Deloitte India
DDT has been removed but it is going to be included in the income of the shareholder. That was always the anticipation. It does benefit that set of investors who are taxed at the lower marginal rate as well as foreign investors, says Shefali Goradia, Partner, Deloitte India, reacting to Budget 2020.
LTCG tax cut in budget 2020? May be, but don’t rule out its return in future
After the re-introduction of LTCG tax, investments held in equity schemes over a year were taxed at 10 per cent. However, the tax would be applicable on capital gains of over Rs 1 lakh in a financial year.
What to expect from Budget 2020: Tweaks in I-T rates, DDT & LTCG
A big change expected in the Budget is removal of dividend distribution tax.
Shock Market: Biggest B-day dip in a decade
India’s benchmark indices posted their worst budget-day decline in 10 years.
Explaining Budget proposals: Headed for lower tax and no exemptions, says FM
Sitharaman says taxpayers falling in certain brackets will gain from new regime, govt not exiting LIC.
Dear FM, never mind the stocks crash; you can’t please everyone all of the time
Market sentiment was already weak in the country due to the ongoing protests.
D-Street to stabilise if China markets fall less than 10% on Monday: Nilesh Shah
Global investors will be afraid of visiting China, says Nilesh Shah, MD, Kotak AMC.
It’s the turn of India Inc to harness the spirit unleashed by the budget
The budget has addressed some aspects with the five-year tax holiday for Esops but has left room for more.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service