Ltcg Tax

EPFO cuts interest rate to 8.55% from 8.65%, bank deposits unattractive, LTCG on stocks; it is no good time for savers

It is a stated policy of the government to bring down small savings rates to align with the bank deposit rates

LTCG tax will not impact National Pension Scheme, says pension fund regulator

The 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

AMFI 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

Finance 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

Arun 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

RBI 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'

Urjit 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

The 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.

Stock market rout erodes Rs 9.6 lakh crore investor wealth in 3 days as Sensex crashes by over 2,100 points

Stock market bloodbath has wiped out a staggering Rs 9.6 lakh crore from investor wealth in three days with the rout continuing amid sell-off in world markets

Equities extend slide on global sell-off; Sensex sheds 310 points, Nifty below 10,700

Extending losses for a fifth straight session, the BSE benchmark Sensex plunged nearly 310 points to close at a three-week low of 34,757.16 and the NSE Nifty fell over 94 points to 10,667, dragged down by concerns over certain budget proposals and sell-offs in global markets