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Month: February 2016

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Budget 2016: Black Money Amnesty 2.0: Will they, Won't they?

The Budget 2016 continues its stance against Black Money, and is replete with new schemes, or updated older schemes to bring into the system, funds that have ...

Deal Flow 29/02: California Public Employees' Retirement System (CalPERS) exits Axis Bank during the last 5 minutes of the trading session

Here is the “Deal Flow (Summary of Bulk & Block Deals)” of the data that is revealed in the markets. This has been collated and curated to make ...

Clearing the Confusion on How EPF is Taxed at Exit in Budget2016

There’s a lot of confusion about the whole EPF taxation thing. Let us explain. Employees put money every month into their EPF (12% of salary) and the ...
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Budget 2016: For you and me – some taxes, some more taxes, and even more taxes!

The budget wasn’t as big a deal as we might have expected but there are a few things we have to note: You have a lot more taxes. Nothing happened to tax ...

Budget 2016: More Incentives for losing money in Real Estates

The existing provisions of section 80EE provide a deduction of up to 1 lakh rupees in respect of interest paid on loan by an individual for acquisition of a ...

Budget 2016: Pay Pollution Cess on Cars and even more on SUVs

Looking for new sources of Income, Mr. Arun Jaitley introduced the Infrastructure Cess on Motor Vehicles. If you read between the lines, you will notice that ...

Budget 2016: The Service Tax Increases to 15%; Ambit gets Revamped

As the Budget day 2016 dawned upon us, expectations were lofty; would the government ease taxation? What about small savings schemes? Oh, the subsidies, ...
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Budget 2016: Widening of the DDT net to Individuals/ HUF/ Resident in India

Prior to today’s session of Budget 2016, dividends received from listed companies was not taxed in the hands of the shareholders (Individuals/ HUF/ Resident ...
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Watch Live Updates of Indian Budget 2016

More poetry. This is the end. #Budget2016 — Capitalmind (@capitalmind_in) February 29, 2016 12:37:15 PM: 96 minutes into the Budget. @arunjaitley ...

Morgan Stanley Lowers Flipkart Stake Valuation from $80m to $58m

Morgan Stanley’s Institutional Fund Trust (MPEGX) has been an investor in Flipkart since 4 October 2013. Every six months, they reveal their holding with ...