Wed, Feb 28, 2018
The recent decline in Indian shares was led by the government’s decision to introduce a long-term capital gains tax (LTCG) on stocks in its budget in February.
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Wed, Feb 01, 2017
Real estate players have welcomed the government's announcement of infrastructure statues to affordable housing in the real estate sector in Budget 2017.
Mon, Dec 26, 2016
Sector-wise, Realty (-3.61%), Metal (-2.85%) and Healthcare (-2.58%) were biggest losers.
India's key equity indices opened up lower in morning trade on Monday after Prime Minister Narendra Modi on Saturday hinted at increase in taxes on income from stock markets during his speech in Maharashtra. BSE Sensex and NSE Nifty lost over 1% in the morning trade on Monday.
BSE Sensex and NSE Nifty lost over 1% in morning trade on Monday December 26, 2016 after Prime Minister Narendra Modi said that long-term capital gains tax may be introduced.
The government has no plans to impose long-term capital gains tax on share transactions in the upcoming Budget 2017, Finance Minister Arun Jaitley clarified on Sunday, describing media reports of Prime Minister Narendra Modi`s speech earlier as erroneous.
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