A focus on fiscal discipline and clarity on FPI taxation as reflected in the Union Budget came as music to investors' ears, with the Sensex leaping nearly 486 points today to close at an over 3-month high of 28,142. Financial and realty stocks powered the ... Business Standard, 2 weeks ago
Stock markets hail Budget, Sensex rallies 486 points - The Financial Chronicle, 2 weeks ago
A key demand is to reduce the dividend distribution tax on listed firms, reports Shrimi Choudhary.Illustration: Dominic Xavier/Rediff.com Worried over Prime Minister Narendra Modi's remarks about increasing taxes on the securities markets, the broking community has urged the government not to increase the securities transaction tax (STT) and restore the rebates under long-term capital gains (LTCG). In a proposal to the government ahead of the Union Budget, the BSE Brokers Forum has said that ...Rediff.com, 1 month ago Budget 2017: Short-term capital gains tax rate may go up Rediff.com, 1 month ago
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