Investing 2018

Investing 2018 News

Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump
Business

Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump

Hasmukh Adhia, who is also Revenue Secretary, said income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 cr

Budget 2018:  LTCG from equities can't run for cover not even take shelter under NHAI bonds
Business

Budget 2018: LTCG from equities can't run for cover not even take shelter under NHAI bonds

Arun Jaitley feels need for humoring stock market by taxing STCG and LTCG there from at concessional rates of 15 percent and 10 percent respectively.

Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax
Business

Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax

Report says despite re-introduction of LTCG tax, investments made in equity related mutual funds still remained profitable.

Budget 2018: DEA secretary says govt will try to convince Fitch, S&P, other rating agencies on fiscal path
Business

Budget 2018: DEA secretary says govt will try to convince Fitch, S&P, other rating agencies on fiscal path

Moody's on Thursday said fiscal deficit projection of 3.3 percent for FY19 is in line with its forecast and the target will be achieved.

Budget 2018: Sensex crashes 800 points, Nifty below 10,800; Fitch says high debt burden constrains rating upgrade
Business

Budget 2018: Sensex crashes 800 points, Nifty below 10,800; Fitch says high debt burden constrains rating upgrade

The flagship Sensex nosedived by 766.09 points to quote at 35,080 points in pre-close session with all the sectoral indices trading in the negative zone

Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
Business

Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative

The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax

Budget 2018: Sensex slumps over 500 points, Nifty trades lower at 10,827 as long term capital gains tax returns
Business

Budget 2018: Sensex slumps over 500 points, Nifty trades lower at 10,827 as long term capital gains tax returns

According to market observers, heavy selling pressure in consumer durables, banking, capital goods, auto and metals stocks added to downward trajectory of indices.

Budget 2018: Govt introduces long-term capital gains tax on equities
Business

Budget 2018: Govt introduces long-term capital gains tax on equities

Presenting the Budget proposals for 2018-19, Finance Minister Arun Jaitley said returns from the stock market are quite attracting and it was time to bring them under the ambit of capital gains tax

Budget 2018: Will Arun Jaitley offer a surprise income tax cut to salaried employees?
Business

Budget 2018: Will Arun Jaitley offer a surprise income tax cut to salaried employees?

In the upcoming budget, the overall exemption limit available to salaried employees under various sections of Income Tax Act needs a re-look to broaden the scope for savings

Budget 2018: Here are 7 things govt should do to bring relief to taxpayers
Business

Budget 2018: Here are 7 things govt should do to bring relief to taxpayers

The government is found wanting in bringing about relief to individual taxpayers on lot many fronts.

Milind Deora column: As low interests hit savings, Union Budget should ensure economic security for senior citizens
Business

Milind Deora column: As low interests hit savings, Union Budget should ensure economic security for senior citizens

The state should ideally encourage and incentivise young people to invest in public equities through mutual funds.

Budget 2018: Govt may bring in long-term capital gains tax on equity investments, says report
Business

Budget 2018: Govt may bring in long-term capital gains tax on equity investments, says report

In the past, govt had indicated it will bring long term capital gains tax for bourses as it felt taxes on gains made on equity holdings were not much

FRDI Bill unlikely to be tabled during budget session as joint committee looking into it seeks extension
Business

FRDI Bill unlikely to be tabled during budget session as joint committee looking into it seeks extension

FRDI Bill proposes to create a framework for overseeing such financial institutions as banks, insurance companies, NBFC and stock exchanges in case of insolvency

Budget 2018: Increase social security pension from Rs 200 to at least Rs 500, experts tell Arun Jaitley
Business

Budget 2018: Increase social security pension from Rs 200 to at least Rs 500, experts tell Arun Jaitley

At pre-Budget meet, experts pointed out the amount for social security pension has been abysmally low of Rs 200 per month