Budget and Markets: Will FM end the buyback party?
Thu, Feb 1, 2024 10:57 AM

Budget and Markets: Will FM end the buyback party?

A Flip by Shubhangi Gupta
Get it on Google Play
Tax experts suggest that shifting the tax burden from listed companies to shareholders would be more equitable, bringing buyback taxation in line with dividend taxation. Currently, companies pay a flat 23.3% tax on distributed income through buybacks, while shareholders pay no tax. However, there are concerns that this could result in value erosion for shareholders who do not participate.

More great flips

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buyi...

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buyi...

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying Larsen & Toubro (L&T) and Syngene International: đź“ŚBuy Larsen & Toubro (L&T) in the range of 3,550-3,615 for the target of 4,060 with a stop loss of 3,340. đź“ŚBuy Syngene International in the range of 860-881 for the target of 980 with a stop loss of 819.

Open Flip
Adani 'bribery' case reach SC, plea seeks investigation by Indian agencies

Adani 'bribery' case reach SC, plea seeks investigation by Indian agencies

The US Court’s indictment order and SEC complaint alleging Gautam Adani offered bribes to Indian government officials has now reached the Supreme Court, with a fresh plea seeking an investigation by Indian authorities. The fresh plea in SC claims that the Indictment order and SEC complaint order have “unveiled malpractices carried out by the conglomerate”.

Open Flip
Election outcome, MSCI rejig among factors to likely impact stock market

Election outcome, MSCI rejig among factors to likely impact stock market

đź“ŚWith BJP led Mahayuti alliance sweeping Maharashtra, D-Street is expected to take the development positively when markets reopen. đź“ŚMSCI November rejig kick-in on Monday that will see BSE, Voltas, Alkem Laboratories, Kalyan Jewellers and Oberoi Realty becoming part of the MSCI Global Standard Index. đź“ŚDomestic markets will take cues from their overseas peers, especially those on Wall Street.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon