A net sum of Rs 25,230 crore was flowed into equities by FPIs in November.

Income arising from a transfer of equity shares of a company is exempt from long-term capital gains tax if the sale transaction was underta...

Rajesh Bhatia has clarified that EOW has registered the FIR on the basis of a “false complaint” filed by Dhelia.

The I-T rules provide that GAAR provisions shall not be applicable to any FPI in case it chooses not to avail tax-treaty benefits, among ot...

While the industry expected exemption from MAT, it has accepted the provision to allow MAT credit to be carried forward from 10 to 15 years.

Fears had intensified after a comment by PM on low taxes on capital gains, even though FM had later clarified that there was no plan to twe...

Finance Minister Arun Jaitley proposed that category I and II foreign portfolio investors (FPIs) should be exempted from taxation on indire...

In over 300 stocks with a market capitalisation of less than Rs 1,000 crore, daily average volumes have shot up between 500 per cent and 50...

ITAT has clarified while ruling in favour of the Indian subsidiary of Swiss specialty chemicals firm Clariant that non-compete fee is reven...

The move is expected to benefit domestic companies that sell software products, including Tata Consultancy Services, Infosys and Tally Solu...

The General Anti-Avoidance Rules give powers to the income-tax officials to deny tax benefit to a deal if they feel the purpose is primaril...

Fund house to bring nine of its thematic players into its three main funds.

Close on the heels of bringing in UK’s Barclays Bank as an investor, back-office firm Intelenet Global Services is delisting its domestic a...

The 'easy exit scheme' has received an overwhelming response from promoters who want to wind up their loss-making ventures without too many...

The latest draft of the Direct Taxes Code, or DTC, has junked a definition of a 'foreign' company which had alarmed overseas investors beca...

According to distributors, almost all fund houses are allowing their high net worth clients to set off short-term losses.

The Indian Venture Capital Association has demanded parity with foreign VCFs which do not have to pay taxes in India.