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Securities Transaction Tax

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'Shocking That PM Gave Investing Advice'

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.''A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains......

Electoral bonds: Can India be democracy if..., asks SC

Democracy does not begin and end with elections and the integrity of election process is pivotal for sustaining the democratic form of government, the Supreme Court said on Thursday while striking......

Governors can't keep bills pending indefinitely: SC

Governors cannot be at liberty to keep bills pending indefinitely without any action, the Supreme Court has said while emphasising that the unelected Head of the State is entrusted with......

SC asks Punjab guv to decide on granting assent to Bills passed by assembly

The Supreme Court has directed Punjab Governor Banwarilal Purohit to decide on the Bills passed by the legislative assembly during its "constitutionally valid" session held on June 19 and 20,......

Demonetisation: Why Did RBI Protect Modi?

Events proved that on every count the RBI had accurately predicted both the damage and the lack of benefit.What the RBI was hiding was the fact that Modi had ignored its concerns -- all of which......

How To Curb Speculation In F&Os

'Sebi had no problem with derivatives until trading exploded after Covid.''But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll,......

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Net direct tax collection grew 19.54 per cent to over Rs 5.74 lakh crore so far this fiscal on higher advance tax payment by corporate. Illustration: Dominic Xavier/Rediff.com The first......

Capital Gains Tax Tinkering May Spook Markets

'Expectations are high regarding the change in LTCG with respect to equity investments.' Illustration: Dominic Xavier/Rediff.com   Any changes to the existing capital gains tax structure --......

Broking stocks slide on Sebi pivot

Shares of brokerages and market infrastructure institutions (MIIs) witnessed heavy selling pressure following the Securities and Exchange Board of India’s (Sebi’s) pivot to a uniform......

Loan growth may drive further gains for LIC Housing

LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3......

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