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SBI MAGNUM TAX GAIN
Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
India scrapping tax for foreign investors in govt bonds aimed at inclusion in Bloomberg index, govt official saysIndia has removed capital gains tax on foreign investments in government bonds. This move aims to help India join Bloomberg's Global Aggreg...
Sensex rises 395 points, Nifty closes above 23,200; broader markets outperformIndian stock markets closed higher on Tuesday, with Sensex and Nifty posting marginal gains as broader markets surged. The decline in oil p...
Sensex rises 395 points, Nifty closes above 23,200; broader markets outperformIndian stock markets closed higher on Tuesday, with Sensex and Nifty posting marginal gains as broader markets surged. The halt in Iran-Isr...
SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....
SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives chequeThe State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026....
RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
D-Street ends another week in the red amid lack of triggersIndian stock markets closed lower on Friday, marking a second consecutive weekly decline. Investor sentiment turned cautious following the ...
Greece to tax gains from crypto, sources sayGreece is set to introduce a 15% capital gains tax on cryptocurrencies. The Finance Ministry is drafting a law for parliamentary submission...
Capital gains relief for FPIs on G-secs a 'very helpful measure', but bond yields may not go down soon: Rama Mohan Rao Amara, SBIState Bank of India Managing Director Rama Mohan Rao Amara welcomes the government's move to exempt foreign investors from capital gains ta...
Govt scraps capital gains tax on foreign investment in bondsIndia has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign c...
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
Tax-cut hopes lift Indian bonds but RBI hike fears loomReuters and local media reported that the government is considering scrapping the 12.5% capital gains tax on overseas investors and the 2...
Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gainsIndian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...
Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market reboundIndian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a stre...
Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...
India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...