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About 18 results for "abolish security transaction"

Investors brace for higher taxes, fewer incentives

UPDATE 1-India's investors brace for transaction tax hike, les...

(Updates with details of India's upcoming rules cracking downon tax avoidance) By Rafael Nam MUMBAI, Jan 27 (Reuters) - Investors in India are bracingfor higher taxes and fewer incentives from the government'sannual budget on Feb. 1 as the focus shifts to ... Sify, 4 weeks ago

Jaitley likely to retain CTT

The government is unlikely to make any changes in the commodities transaction tax (CTT) in the Union budget, amidst demand from exchanges to scrap the levy. The imposition is said to be detrimental to the growth of futures trading in the country. There is no ...
 The Financial Chronicle1 month ago

Comprehensive Analysis of the Income Tax Proposals of the Finance Act, 2017

When the NDA Government took power in 2014, it immediately raised hopes of a more business friendly government. Hopes of tax cuts, less governance, simplification of tax structures, unleashing the animal spirits in business. Mr. Jaitley always spoke of ...
 Trak.in2 weeks ago

Post demonetization big-bang, Arun Jaitley opts for aam-aadmi Budget

The air of expectancy was there. Finance Minister Arun Jaitley in his fourth Budget had the chance of really making a solid push in infrastructure and pushing for bold reforms to follow up on the decision to demonetize high value currency notes on November 8.
 DNA3 weeks ago How Arun Jaitley will make you rich  Rediff.com3 weeks ago

Budget softens demonetisation blow, Income Tax slashed by 5%

Softening the demonetisation blow, the Budget for 2017-18 today halved the tax to 5 per cent on incomes upto Rs 5 lakh but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala ...
 Deccan Herald3 weeks ago

AIIMS Goes Cashless with MobiKwik Wallet Facility

If there is one digital wallet giving competition to Paytm, it is MobiKwik. In the past, the company has partnered with IRCTC , Makemytrip & Cleartrip , StoreKing and WHSmith to bring cashless transactions for the customers. Apart from Paytm,  MobiKwik is ...
 Trak.in1 month ago

Rahul puts forth demands to PM ahead of his address

Congress Vice President Rahul Gandhi today put forth a charter of demands to Prime Minister Narendra Modi, asking him to lift the restrictions on cash withdrawals immediately and pay Rs 25,000 to every BPL family. Gandhi took to Twitter to highlight his ...
 Deccan Herald1 month ago Here's what Rahul wants PM to promise in his address to nation tonight  Rediff.com1 month ago Note ban: Cong seeks white paper from PM, puts forth demands  Deccan Herald1 month ago

RBI rolls back curbs on cash deposits

Mumbai: Prime Minister Narendra Modi shocked the country on Nov. 8 by abolishing 500 and 1,000 rupee notes, which accounted for 86 percent of the cash in circulation. The move was aimed at cracking down on the shadow economy, but has brought India's cash ...
 Sify2 months ago Government takes steps to ease impact from ban on banknotes  Sify2 months ago India takes steps to ease impact from banknote ban  Sify2 months ago

Pain before gain for banks after Modi's demonetisation gamble

India's shock move to abolish high-value banknotes was expected to deliver a windfall to lenders, and banks have indeed seen coffers swell after people deposited Rupees 12.4 lakh crore ($183 billion) in cash into the system. But while banks may benefit in the ...
 Sify2 months ago ANALYSIS - Pain before gain for Indian banks after Modi's cash gamble  Sify2 months ago

Why FIIs want short-term capital gains to be scrapped

FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai. Abolishing the tax on short-term capital gains may provide a boost to capital markets and, in turn, help attract investment. Photograph: PTI Photo. Foreign institutional investors (FIIs) have written to the finance ministry and the Securities and Exchange Board of India (Sebi) demanding that short-term capital gains be scrapped. Instead, the FIIs want ...
 Rediff.com2 months ago
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