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Mohota Indust. News

Budget 2024: PMS firms rethink strategy after increase in STCG tax

Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs

Budget 2024: PMS firms rethink strategy after increase in STCG tax
Updated On : 26 Jul 2024 | 12:53 AM IST

Budget: TDS on income from G-sec unlikely to impact retail participation

In the Union Budget for the previous financial year 2023-24, it was announced that a 10 per cent TDS on interest payments would be applied to listed bonds (debentures) starting April 1, 2023

Budget: TDS on income from G-sec unlikely to impact retail participation
Updated On : 26 Jul 2024 | 12:19 AM IST

Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi

Sebi proposed guidelines for CRAs to include detailed reasons for rating actions, especially in cases of default and upgrades of default ratings

Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi
Updated On : 26 Jul 2024 | 12:07 AM IST

L&T likely to outperform guidance after strong Q1 FY25 performance

Assuming valuations at around 30 times price-to-earnings and valuing holdings in listed subsidiaries at a discount of 25% to fair-value, there could still be an upside of 15-20%

L&T likely to outperform guidance after strong Q1 FY25 performance
Updated On : 26 Jul 2024 | 12:03 AM IST

Gold and overseas exchange-traded funds likely to get the tax edge

While gold, silver, and international exchange-traded funds (ETFs) will qualify for the 12.5 per cent LTCG taxation in 12 months as they are listed on exchanges

Gold and overseas exchange-traded funds likely to get the tax edge
Updated On : 25 Jul 2024 | 11:59 PM IST

Budget 2024-25 throws STCG googly at sovereign wealth, pension funds

It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains

Budget 2024-25 throws STCG googly at sovereign wealth, pension funds
Updated On : 25 Jul 2024 | 11:55 PM IST

Axis Bank share price sinks 8% post Q1FY25 results shocker; time to buy?

Axis bank share price: While Axis bank Q1 results were sub-par, Street remains "cautiously optimistic" on stock outlook

Axis Bank share price sinks 8% post Q1FY25 results shocker; time to buy?
Updated On : 25 Jul 2024 | 11:26 PM IST

Sebi proposes guidelines for CRAs on detailed reasons for rating actions

CRAs have cited operational issues like force majeure events or bank strikes that should be considered in their policies

Sebi proposes guidelines for CRAs on detailed reasons for rating actions
Updated On : 25 Jul 2024 | 10:10 PM IST

Akums Drugs and Pharmaceuticals sets IPO price band at Rs 646-679 per share

Contract manufacturer Akums Drugs plans expansion; targets higher margins

Akums Drugs and Pharmaceuticals sets IPO price band at Rs 646-679 per share
Updated On : 25 Jul 2024 | 7:19 PM IST