New Delhi [India], Aug 24 (ANI): In a major relief to foreign portfolio investors (FPI), the government on Friday announced to scrap the enhanced surcharge on long and short-term capital gains arising from the transfer of equity shares.
New Delhi [India], Aug 23 (ANI): In a bid to boost economy, capital markets and consumption, Finance Minister Nirmala Sitharaman on Friday announced a slew of measures including the rollback of controversial tax surcharge on foreign portfolio investors (FPIs) and equities of domestic inve
New Delhi, Aug 23 (ANI): The surcharge levied in the union budget on short-term and long-term capital gains of foreign portfolio investors (FPI) and the one on equity in the case of domestic investors have been abolished, Finance Minister Nirmala Sitharaman announced on Friday restoring t
Mumbai (Maharashtra) [India], Aug 12 (ANI): The National Stock Exchange (NSE) of India Ltd and BSE Ltd were closed for trading on Monday on account of Bakri Id holiday.
Mumbai (Maharashtra) [India], Aug 8 (ANI): Equity benchmark indices staged a smart recovery during second half of trading on Thursday with the Nifty closing above 11,000 mark.
Mumbai (Maharashtra) [India], July 24 (ANI): Equity benchmark indices erased morning gains in the afternoon trade on Wednesday and continued their downward slide for the fifth consecutive day after the International Monetary Fund (IMF) lowered its forecast for global and Indian economy.
Mumbai (Maharashtra) [India], July 19 (ANI): Equity benchmark indices extended losses in the afternoon trade on Friday with selling pressure across the board amid concerns over growth and earnings recovery.
New Delhi [India], July 18 (ANI): Indicating no roll back of the income tax surcharge on the super-rich imposed in the budget, Finance Minister Nirmala Sitharaman on Thursday ruled out any adverse impact of it on investor confidence and said the fears of flight of capital are unfounded.
New Delhi [India], July 16 (ANI): Former Vice Chairman of Niti Aayog Arvind Panagariya on Tuesday said that India must encourage wealth creation by lowering income tax rates and surcharge if it aspires to become a five trillion dollar economy in the next five years.
Mumbai (Maharashtra) [India], July 10 (ANI): Equity indices ended lower for the fourth consecutive day on Wednesday as short selling weighed in across all sectors.
Mumbai (Maharashtra) [India], July 10 (ANI): Equity indices edged lower on Wednesday afternoon amid weak market sentiment as investors worried over the impact of a surcharge on foreign portfolio investors.
Washington D.C. [USA], July 10 (ANI): The cast of Woody Allen's upcoming rom-com sang praises of the director and shared their delight on being a part of the film.