[ad_1] The Securities and Exchange Board of India (Sebi) has relaxed rules to allow Category I and II alternative investment funds (AIFs) to borrow funds to cover shortfalls in drawdown amounts, aiming to simplify business operations. In trading, a drawdown represents the decline in the value of an investment or trading account from its peak…
[ad_1] Fixed-income investments such as fixed deposit (FD) interest, bond interest, and debt mutual funds are typically taxed at the marginal rate (slab rate). The 2023 budget had abolished the benefit of long-term capital gains tax or LTCG for debt mutual funds. However, there’s a notable exception in the tax system for certain bond transactions….
[ad_1] And Buffett isn’t just sitting on it; he’s earning significant interest income from US government bonds. As the Oracle of Omaha sits on this colossal pile of cash, the financial world is abuzz with speculation. Why is Buffett hoarding cash, and what does he see that others don’t? We will never know why Buffett…
[ad_1] Companies reward shareholders by way of dividend payment or share buybacks. Both are done from tax-paid reserves and company profits. Such payments not only reward shareholders, but are also used as tools of wealth distribution and efficient allocation of capital. For example, a company that’s in a mature businessmay not find viable opportunities to…
[ad_1] The withdrawal of indexation benefits on debt mutual funds, as outlined in the Union Budget for 2024-25, has left investors re-evaluating their strategies. The new policy, which affects funds purchased before 1 April 2023, imposes a flat 12.5% tax rate on gains without the previous indexation advantage. This change significantly increases tax liabilities compared…
[ad_1] The traditional signal for a market bubble, as the popular adage goes, is when your cab driver or barber discusses stocks. The top-down variation of this indicator must be when finance ministry mandarins talk about asset allocation and profit booking. The Economic Survey 2024, tabled in Parliament by finance minister Nirmala Sitharaman on Monday,…
[ad_1] For years now, the Union budget has focused on making India a developed nation—viksit Bharat. However, it’s time to add yet another angle to this exercise: a concerted effort to help build a class of viksit investors. To achieve this, the budget needs to adopt a carrot-and-stick approach. The carrot: Encouraging long-term investments Let’s…
