buyback of shares – Dnyan pravah news

1000% return in five years! Multibagger stock to declare buyback of shares soon

adminFebruary 19, 202503 mins

Stock Market Today: Multibagger stock Nava Ltd that has given 1000% returns in last five years is likely to declare buyback of shares soon. Multibagger returns by Nava Ltd shares Nava Limited share price that had seen 52 week highs of ₹673 .35 in September 2024 has seen sharp correction ever since with correction in…

Stock market news: This income tax rule to be implemented next month

adminSeptember 5, 202405 mins

Starting October 1, 2024, significant changes will be implemented in the taxation of share buybacks, shifting the tax burden from companies to shareholders. Companies are taxed at 23.296 per cent on buyback transactions, covering surcharges and cess, while shareholders face no tax on the buyback proceeds. Under the new rules, buyback proceeds will be treated…