Changes in STT on options announced in the Union Budget in July will take effect from September 01st 2019. An important announcement for option buyers was made in the Union Budget 2019 wherein the STT on ITM expiring options was rationalized at 0.125% Read more [...]

Markets have been slightly disappointed over the last few days with nothing concrete coming from the government in the form of announcements to boost the economy or to offer relief to the FPI on the tax front. The inversion of the yield curve continues Read more [...]

There seems to be some good news for corporate India as the Indian government appointed panel has recommended cutting domestic corporate taxes from the current 30% to 25%. The government panel recommendation has been exactly in line with what the CII Read more [...]

A big default by Dewan Housing was always coming and it finally manifested on Monday when DHFL defaulted on Rs.1571 crore bond repayments. According to an ET report, Dewan Housing has defaulted on bonds and commercial paper. Nearly 70% of this amount Read more [...]

The stock markets will be heavily counting on the finance minister to provide to the boost to the markets either in the form of clarity on reforms, exemption from certain taxes or a big growth boost proposal from the government. Global markets Read more [...]

News Announcement Impact Analysis For the fifth time in the last 6 weeks, the Nifty and Sensex ended in the red On a truncated week, the biggest impact came on Tuesday when the Sensex crashed by 625 points The inversion of the US Read more [...]

It will now become a lot easier for start-up promoters to retain control of the company through DVR shares. Government has scrapped profit track record requirement for issue of DVR shares, with a view to helping first-generation entrepreneurs retain control. Read more [...]

DVR shares have been around in India for over 10 years now with companies like Tata Motors, Jain Irrigation, NRE Coke and Future Group having issued such shares. Differential Voting Rights (DVR) shares offer a means to raise capital without diluting control. Read more [...]