Budget may attract more investors to stock market

Categories:Banking / Finance,Competition/EU,Europe,Financial services,Tax If the proposals for a financial transaction tax (FTT) are implemented as proposed by the European Commission, the FTT is likely to cause distortion in the financial sector, ...

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

STT is levied on every purchase or sale of securities that are listed on the Indian stock exchanges. This would include shares, derivatives or equity-oriented mutual funds units

Investing in stocks will be cheaper now with Finance Minister P Chidambaram proposing a cut in the securities transaction tax, or STT

The Ministry of Finance has said that while the capital gains tax on securities transactions can be amended, it cannot be abolished. It would be better the other way around: It would be more appropriate to abolish, not amend, the tax. First, there ...

AN ADDITIONAL 4.1BN of revenue has been secured for the public purse through challenging transfer pricing arrangements since the creation of its Transfer Pricing Group in 2008, HM Revenue & Customs has claimed. In a briefing published this week, the ...

WNS has come under the tax scanner on transfer pricing issue and has been charged with additional tax of about Rs 557 crore. RELATED NEW DELHI: After Vodafone, Nokia and Shell, WNS is the latest MNC that has come under the tax scanner on transfer ...

After Vodafone, Nokia and Shell, WNS is the latest multi-national company that has come under the tax scanner on transfer pricing issue. The outsourcing major has received demands of additional tax of about Rs 557 crore on income with regard to ...

The Parliamentary panel on finance headed by Yashwant Sinha of the BJP has reiterated the demand to scrap the securities transaction tax (STT) in its latest report where the panel also discussed various aspects of tax reform. CNBC-TV18's Siddharth Zarabi ...