A plan to change how capital gains are taxed in Canada is not included in the Liberals’ bill to implement the 2024 federal budget, but Finance Minister Chrystia Freeland says the government is still committed to the plan. Freeland tabled the Budget Implementation Act in the House of Commons on Tuesday, which included plans to … Read more
Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory … Read more
Mumbai: Foreign portfolio investors, offshore private equity houses and others who had acquired stocks through the foreign direct investment route are keeping their fingers crossed after a Supreme Court ruling that could embolden the Indian income-tax (I-T) authorities to question their tax benefits. The apex court this week has given an interim stay on a … Read more
