Samie Modak

India's primary markets remained robust during the financial year 2023-2024 (FY24), facilitating capital formation of Rs 10.9 trillion, the Economic Survey said.

Says mkt claim on real economy 'excessively high', warns it may lead to instability

Short-term capital gains tax raised to 20%, long term to 12.5%

Finance Minister proposes to tax income received on buybacks of shares in the hands of recipient

From October 1, the gross proceeds received on buyback of shares will be taxed in the hands of the shareholder as 'deemed dividend'

It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains

Workplace injuries increased to 10,733 in FY23 from 9,889 in FY22, with high-consequence injuries rising by 33 per cent to 907 compared to 679

Auto major Tata Motors' market capitalisation on Thursday crossed the Rs 4-trillion mark for the first time.

Over 70 per cent of individual investors who engage in intraday trading incurred an average loss of Rs 5,371 during 2022-23 (FY23), according to a study conducted by the Securities and Exchange Board of India (Sebi).

IPO proceeds under scanner: Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments