Tag: Securities Transaction Tax

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

Stock market crash: Sensex falls 600 points, Nifty below 24,350 after Budget

Jul 24, 2024 12:33 PM IST Foreign fund outflows and a negative global market trend also dampened sentiment in the domestic markets further. Indian stock…

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A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (Niharika Kulkarni/Reuters)
Posted in Business

Capital gains tax, STT moves in Budget seek to curb F&O trade amid volume fall

The Indian government raised both short-term and long-term capital gains taxes on stocks in the Union Budget 2024 in a move to curb increasing cases…

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Personal income tax to GDP ratio rises to 2.94 per cent in FY22
Posted in Economy

Personal income tax to GDP ratio rises to 2.94 per cent in FY22

Personal income tax as a percentage of GDP has gone up from 2.11 per cent in 2014-15 to 2.94 per cent in 2021-22 fiscal, indicating…

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