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Infosys' massive Rs 18,000 crore share buyback is approaching. Zerodha co-founder Nithin Kamath advises investors to understand the tax rules. Gains from the buyback are taxed as income. The entire investment value is considered a capital loss. This buyback may be beneficial if you have other capital gains to offset. Shareholders must own Infosys shares by November 13 to qualify.
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The 0.1% growth was pulled down by issues in the manufacturing industry, official figures show.
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Market experts remain cautious following the government shutdown, with continued Washington turbulence fueling uncertainty. However, strong corporate earnings and resilient consumer spending are driving the U.S. stock market higher, offsetting policy-induced volatility. Experts anticipate ongoing global trade realignments and potential political drama in January.
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News and Media
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