HUL, RailTel among 10 stocks to trade ex-dividend tomorrow. Do you own any?

HUL, RailTel among 10 stocks to trade ex-dividend tomorrow. Do you own any?

Shares of Hindustan Unilever (HUL) and RailTel Corporation among 10 companies are likely to be in focus today as these companies announced November 6 as the record date for their declared dividends. This means today is the last day to buy the shares of these companies to be eligible for the dividends declared by them … Read more

Union Budget 2024: Capital gains tax reform features in wishlists of fund houses, experts

Union Budget 2024: Capital gains tax reform features in wishlists of fund houses, experts

When Finance Minister Nirmala Sitharaman presents the Union budget later this month, investors, taxpayers, corporates, and mutual fund houses will be hopeful for some significant tweaks in the structure of the capital gains tax, which is currently not standard.  The Capital gains tax burden experienced by investors can differ depending on the type of asset … Read more

Investor fund body moots easier rules for reclaiming shares

Investor fund body moots easier rules for reclaiming shares

New Delhi: The Investor Protection and Education Fund Authority (IPEFA) has proposed to ease the rules for investors who want to reclaim their shares and introduce a time frame for such claims. In a discussion paper floated on Monday, the IPEFA proposed creation of a real-time online interface between the authority, the investors and the … Read more

Taxpayers from France, Swiss companies cannot claim low tax benefit by citing tax treaties with other OECD members

Taxpayers from France, Swiss companies cannot claim low tax benefit by citing tax treaties with other OECD members

Indian arms of companies from France, Netherlands would now not be eligible for low tax rate of 5% while remitting dividends to their overseas parents. India’s apex direct taxes body Thursday said taxpayers from these countries cannot apply the benefits available under tax treaties with entered into by India with Columbia, Slovenia making use of … Read more