Bonus share issues boom in show of corporate strengthBonus shares refer to additional shares that a company distributes to its existing shareholders at no extra cost. These bonus shares enhanc...
16 Feb, 2024, 06.23 AM IST
Record numbers: 73 companies announce bonus issues so farBonus shares are additional shares a company gives free to its existing shareholders based on the number of shares they hold. For instance,...
22 Jul, 2022, 05.55 AM IST
How the new 'bonus stripping' rule in Budget impacts investorsThe current provision of sub-section (8) of section 94 of the Act contains an anti-avoidance provision to deal with bonus stripping transac...
04 Feb, 2022, 07.37 PM IST
Investors to pay more in taxes on derivative profitsHigh-net-worth individuals (HNI), hedge funds, large overseas institutional investors, and family offices may have to pay more in taxes fro...
03 Feb, 2022, 07.16 AM IST
Need to plug bonus stripping, buyback gapsUsing InvIT kind of structure to monetise operating assets will release capital to government.
02 Feb, 2018, 12.25 PM IST
When PM Modi asked market to pay tax, he was pointing beyond LTCGIn the stock market, everything is transparent as all the payments other than ‘dabba’ and ‘grey market’ trades happen through cheque or dig...
26 Dec, 2016, 11.13 AM IST
Don’t need new taxes, plug existing loopholes: Nilesh Shah, MD, Kotak AMCPM and FM should try to plug the loopholes which exist in today’s taxation system which allows people to earn income but not to pay tax, sa...
26 Dec, 2016, 09.53 AM IST
Be tax-wise when investing in stocks to maximise gainsDo you know that stock investments offer several tax advantages? But first, investors must be familiar with the rules.
12 Dec, 2016, 12.46 PM IST
Mutual funds plead 'not guilty' in dividend stripping caseThe matter is likely to be discussed later this week at a board meeting of mutual fund industry body and front-line regulator AMFI.
17 Jan, 2016, 02.46 PM IST
Mutual funds found dividend stripping will face action: UK SinhaThe government has sought a report from the Securities and Exchange Board of India on possible adoption of dividend stripping plan.
15 Jan, 2016, 04.24 PM IST
Mutual funds under Sebi scanner on dividend strippingMutual fund houses adopting 'dividend stripping' plan have come under the scanner of capital markets regulator Sebi for possible tax evasio...
14 Jan, 2016, 06.18 PM IST
Amfi asks mutual funds to check 'bonus stripping' practiceto prevent plans misuseA best-practice guidelines circular in this regard has been sent to all mutual fund houses by the Association of Mutual Funds in India.
20 May, 2015, 05.17 PM IST
Funds may not allow investors to use bonus units to save taxInvestors will not be able to avail of the tax benefit known as bonus stripping —a practice that has been frowned upon by the capital marke...
20 May, 2015, 04.00 AM IST
JM Mutual Fund's Arbitrage Advantage scheme gets Rs 2000-3000 crore from big guns of marketThese affluent investors are investing in the scheme to take advantage of bonus stripping, a practice that has not gone down well with Sebi.
06 May, 2015, 06.22 AM IST
How Infosys bonus can cut your capital gains taxIf you buy Infosys shares and sell after bonus date, the notional loss can be set off against capital gains from debt funds, gold, stocks a...
03 Nov, 2014, 09.02 AM IST
Bonus-stripping strategy can help reduce capital gains taxLoss from sale can be adjusted against taxable short-term and long-term capital gains from other investments, including debt funds, gold an...
28 Oct, 2014, 09.55 AM IST
- Deutsche tops Goldman in banker pay table
German group Deutsche Bank paid its investment bankers over $500,000 each on average last year, topping Goldman Sachs as the highest payer ...
03 Feb, 2011, 04.29 PM IST