Under the current rules, buyback proceeds are taxed as dividend income. Infosys will deduct a 10% TDS on the payout. No other tax will be paid by the company.
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Under the current rules, buyback proceeds are taxed as dividend income. Infosys will deduct a 10% TDS on the payout. No other tax will be paid by the company.
Agarwal’s first venture, Vishal Mega Mart, expanded to 170 stores and went public in 2007, but over-leveraged expansion led to a distress sale in 2011 to TPG and Shriram Group for Rs 70 crore.
The NSE Nifty 50 ended 0.32% higher at 22,907.60, while the BSE Sensex closed 0.2% up at 75,449.05 on Wednesday.
The STT increase has yet to significantly affect market participation, though further regulatory steps might influence trading volumes and investor behavior in the coming months, said Ashish Chauhan.
The STT increase has yet to significantly affect market participation, though further regulatory steps might influence trading volumes and investor behavior in the coming months, said Ashish Chauhan.
Here is a look at what the rule was and how the reversal will affect homeowners.
Here is a look at what the rule was and how the reversal will affect homeowners.
Persistency ratios show improvement, reflecting the company’s effective customer retention strategies.
Team India, led by Rohit Sharma, won all the matches through to the finals except for one tied match against Canada.
The bottom line of the non-banking finance company increased 84% year-on-year to Rs 332 crore in the quarter-ended March 31, 2024.
The bottom line of the non-banking finance company increased 84% year-on-year to Rs 332 crore in the quarter-ended March 31, 2024.
SBI Life earned a net premium of Rs 25,116 crore in Q4, a 26% increase over a year earlier.
SBI Life earned a net premium of Rs 25,116 crore in Q4, a 26% increase over a year earlier.
The bottom line of the non-banking finance company rose 48.8% year-on-year to Rs 1,946 crore in the quarter-ended March 31, 2024.
Motilal Oswal expects ICICI Prudential to outperform the industry in business growth.
Motilal Oswal expects ICICI Prudential to outperform the industry in business growth.
The fraud at Mahindra Finance is likely to hit its fourth quarter profit by over 20%, according to analysts at Centrum.
All you need to know about Shriram Finance's inclusion in Nifty 50.
The bank's operating profit declined 19.36% year-on-year to Rs 20,336 crore. This was excluding the wage revision impact of Rs 6,313 crore.
The bank's operating profit declined 19.36% year-on-year to Rs 20,336 crore. This was excluding the wage revision impact of Rs 6,313 crore.