tax rates

tax rates: Growing shift to promote people to go to new tax regime: Hemal Zobalia, Deloitte India

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tax rates: Growing shift to promote people to go to new tax regime: Hemal Zobalia, Deloitte India

“To me, in terms of the tax rates on cap gains, in fact, if you go back in a year or two, it was expected that they will bring in rationalisation. To be honest, I was just checking in other countries also, you do not have so many multiple rates across that,” says Hemal Zobalia, … Read more

stock market correction: Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

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stock market correction: Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies

A “surprisingly bad outcome” in national elections, and any changes in capital gains tax in upcoming July budget could act as triggers for a near-term correction in Indian markets, Christopher Wood, global head of equity strategy at Jefferies said. While a shock BJP defeat in 2024 elections is “extremely unlikely”, markets could correct even more … Read more