In a significant move, the government today proposed to remove the capital gains tax exemption on sovereign gold bonds (SGBs) purchased in the secondary markets. Finance Minister Nirmala Sitharaman announced in Budget 2026 that the exemption will be given only to individual investors who purchased it from the Reserve Bank of India (RBI) and held […]
As foreign portfolio investors (FPIs) continue to exit Indian markets amid global uncertainties, Budget 2026 could play a crucial role in stabilizing stock sentiment, says market expert Sudip Bandyopadhyay. Strategic measures targeting FII issues should be the main focus for policymakers, he emphasized.“The only surprise announcement I am looking forward to is if they go […]
This budget is presented at a time when market conditions are extremely turbulent. Broader investor sentiment is weak, market participation is weak and risk appetite remains subdued, apart from the trading rebound over the last few trading sessions. The rupee has fallen to a new low, hovering around 92 points, as trade uncertainties and geopolitical […]
Retail participation and trading costs are once again taking center stage in the run-up to the Union Budget, especially after mixed market returns over the past year. Zerodha co-founder Nithin Kamath expressed concern over the sharp rise in securities transaction tax (STT) on derivatives and its impact on market activity and government revenue.Kamath said that […]
Japan’s Nikkei stock average fell slightly on Monday after two sessions of gains, as technology stocks followed Wall Street’s weak finish last week and some major stocks traded ex-dividend. The Nikkei fell 0.5% to 50,517.41, as of 0215 GMT, while the broader Topix edged 0.04% higher to 3,424.42. All three major U.S. stock indexes closed […]
Zerodha founder and CEO Nithin Kamath has shed light on what he calls a ‘tax arbitrage game’ driving the behavior and valuations of startups in India, while explaining why many venture capital (VC)-backed companies deliberately operate with little or no profit.In a detailed post on “If you take money out of a company as dividends, […]