LTCG tax will not impact National Pension Scheme, says pension fund regulator
• 7 years agoThe proposal of long-term capital gains tax will not have much impact on the National Pension Scheme (NPS), Pension Fund Regulatory and Development Authority (PFRDA) chairman Hemant Contractor has said
Mutual funds investments not affected after reintroduction of LTCG tax on capital gains, says AMFI
Ians • 7 years agoAMFI says all financial products should have same tax treatment and that mutual fund industry was trying to keep everything on level playing field
Finance minister Arun Jaitley to brief RBI and Sebi board on Budget tomorrow
• 7 years agoFinance Minister Arun Jaitley will address the boards of the Reserve Bank and markets regulator Sebi tomorrow, highlighting various financial sector reforms announced in the Union Budget 2018-19
Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues
Ians • 7 years agoArun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues
RBI monetary policy review: Three reasons why MPC chose to hold repo rate at 6% on Wednesday
Fp Staff • 7 years agoRBI considered first advance estimate for GVA growth that central statistics office (CSO) revised down to 6.1 percent for 2017-18
RBI guv Urjit Patel's take on LTCG tax: 'Multiple taxes on capital impact investments and savings'
• 7 years agoUrjit Patel said there is sizable scope for the investment to GDP ratio to improve and pointed out to increasing capacity utilisation levels
Sensex, Nifty crash: Indian equity market is bound to recover some of its sheen sooner than later
Muralidharan • 7 years agoThe steady fall in Sensex and Nifty following the Budget is not only due to the proposed 10 percent tax on LTCG but also in sympathy with the worldwide trends notably the one triggered by the US markets.
Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump
• 7 years agoHasmukh Adhia, who is also Revenue Secretary, said income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 cr
Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax
Fp Staff • 7 years agoReport says despite re-introduction of LTCG tax, investments made in equity related mutual funds still remained profitable.
Budget 2018: LTCG from equities can't run for cover not even take shelter under NHAI bonds
Smurlidharan • 7 years agoArun Jaitley feels need for humoring stock market by taxing STCG and LTCG there from at concessional rates of 15 percent and 10 percent respectively.