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Union Budget 2024: Major changes in Capital Gains Tax Regime. Holding period, tax rates explained  

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Union Budget 2024: Major changes in Capital Gains Tax Regime. Holding period, tax rates explained  

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

Mazagon Dock IPO details: Mazagon Dock IPO opens: All you need to know before bidding

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Mazagon Dock IPO details: Mazagon Dock IPO opens: All you need to know before bidding

NEW DELHI: The Rs 444 crore initial public offering (IPO) of Mazagon Dock Shipbuilders, the first government-owned company to float a primary market issue in 2020, opened for bidding on Tuesday. The issue is open for subscription till Thursday. The company has a virtual monopoly on building destroyers, frigates and submarines for Indian Navy and … Read more