BUDGET 2024: In a shock to stock market investors, Finance Minister Nirmala Sitharaman on Tuesday announced an increase in both long-term and short-term capital gains tax. FM Sitharaman said that going forward, short-term capital gains on specific financial assets will be subject to a tax rate of 20%, a 5% increase from the previous rate of … Read more
An MLD is a type of debenture that does not pay any coupon before maturity. Synopsis “Wealthy investors are now looking short term as the interest rate cycle will likely turn after 12-18 months,” said Ajay Manglunia, head of debt capital market at JM Financial. “MLDs are gaining popularity in this environment as the absolute … Read more
An MLD is a type of debenture that does not pay any coupon before maturity. Synopsis “Wealthy investors are now looking short term as the interest rate cycle will likely turn after 12-18 months,” said Ajay Manglunia, head of debt capital market at JM Financial. “MLDs are gaining popularity in this environment as the absolute … Read more