Transparency in listed companies

The government presented a compromise on the controversial capital gains tax on securities transactions on Wednesday, yielding to demands to revise the tax amid the prolonged depression in the stock market. This is the second setback for the Chinese ...

New Delhi, May 16 (PTI) The value of transactions in the securitisation market slumped 20 per cent to Rs 30,250 crore in the last fiscal, according to ratings agency ICRA. In the financial year ended March 2012, the amount stood at Rs 37,876 crore.

Mutual funds are awaiting the reduction in securities transaction tax (STT) to merge more of their schemes in the current financial year.

Though the 10 per cent ceiling on insurance companies' investment in reverse repo transactions in government securities (G-secs) has been removed, it could take them some time to raise exposure in such instruments.

The budget was a mixed bag for the small investor, with a reduction in securities transaction tax, but an introduction in a commodities transaction tax (in non-agricultural commodities).

These initiatives, RBI said are needed to ensures that transactions effected through such channels are safe and secure and not easily amenable to fraudulent usage.

Sebi today allowed FIIs to offer government securities and corporate bonds as collaterals for their cash and derivative transactions on the stock exchanges.

Property registration is set to become a cashless transaction as the state government has approved the electronic secure bank and treasury receipt (eSBTR) system for stamp duty and registration fee payments.

The Reserve Bank of India has recently announceda new set of guidelines security and risk measures that banks need to take for electronic payment transactions. Some key changes: - International use of debit and credit cards: A key change being made is the ...