Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

Union Budget 2024: India should have no capital gains tax, says Chris Wood of Jefferies 

When Finance Minister Nirmala Sitharaman presents the Union budget later this month, one thing investors, taxpayers, corporates, and mutual fund houses will be keen to know will be changes in the capital gains tax structure. Currently, the capital gains tax system lacks uniformity, leading to varying tax burdens for investors based on the type of … Read more

FOMO will bring foreign investors back with bigger purse, says Sorbh Gupta of Bajaj Finserv AMC

FOMO will bring foreign investors back with bigger purse, says Sorbh Gupta of Bajaj Finserv AMC

Sorbh Gupta, senior fund manager—equity at Bajaj Finserv AMC, notes that foreign investors are showing renewed interest in the Indian stock market in an interview with BT Money Today. After a period of selling, there are signs that foreign institutional investors (FIIs) are ready to re-enter, this time with even bigger investments. This shift in … Read more

How should one play debt funds in a market with terrible mood swings like this? Read on

How should one play debt funds in a market with terrible mood swings like this? Read on

Debt fund strategy is framed keeping several key factors such as interest rates, tax implications, investment duration, risk tolerance, and market trends in mind. In the current scenario, investors should consider a tactical approach towards their debt fund investments, keeping in mind the expected decrease in interest rates. 2024 could be a favourable one for … Read more