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Month: February 2013

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Keyman Insurance Loophole Plugged: All Proceeds Will Be Taxed, No Exemption

Budget 2013 has plugged a loophole in the tax system. Consider a small company that wanted to pay its management a bonus based on a large profit it had ...

STT Gets Slashed, CTT Comes In

Securities Transaction Tax (STT) is something traders seemed to expect would go away (Read my last post about why I thought it would not be taken out), and it ...

Real Estate: Not A Happy Note

Ramifications of a budget are beyond taxes. But usually, the real estate fellows desire and get a little bit of an exemption here and there. Not this time, it ...

Budget2013: Are You Bored Enough Yet? Pay More Taxes!

It has been an extremely boring budget (except for those in the stock markets who saw the market up 0.5% at the beginning and end up 2% down towards the ...

Dividend Distribution Tax on Debt Mutual Funds Hiked to 25%

From 1 June 2013, any dividends paid out by debt mutual funds to individuals will have to deduct Dividend Distribution Tax (DDT) of 25%, regardless of the type ...

Live Blog: Budget 2013

What follows is my live blog of the budget speech, 2013, on Feb 28 by Mr. P. Chidambaram. Read the full budget speech.  To end: We are the 10th largest ...

The Pre-Budget 2013 Note

Folks, if you’re reading, I’m going to be live blogging and live-tweeting the budget (@deepakshenoy) as it unravels. The more important, and more useful ...

The 2013 Economic Survey In Charts

The Economic Survey is a vast and extremely detailed document that contains a lot of information if anyone bothered to read through it, but most people ...

Chart: Past Budget Day Moves For Stocks

How do budgets work with markets? Let’s see the market moves and expectations in context of both the budget day move in the market index (Nifty) and the day ...

Budget 2013: Taking out STT might reintroduce Long Term Capital Gains Tax

The call to remove Securities Transaction Tax (STT) is often from traders and brokers, looking to decrease their transaction cost. However such an action has a ...