Page 16 - Depositories Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The case for rejig of tax norms for AIFs in India Premium Nikhil Kamath If government reconsiders the tax norms for AIFs in India it would act us a great stimulator to attract a significant amount of foreign as well as domestic capital of the Indian markets: Nikhil Kamath, co-founder of Zerodha Share Via Read Full Story The effects of the pandemic were short-lived on the markets – resulting in one of the most volatile years in history. With the great ruckus that 2020 had been, there was an eager anticipation in the Indian markets around the Union Budget for FY 2020-21. The budget laid major...

Budget 2021 | Explained: What the proposed single Securities Markets Code means for investors and markets Finance Minister Nirmala Sitharaman proposed merging some of the most important Acts that govern the capital markets and securities into one common code. What is the aim? What will be its impact? Read on. February 03, 2021 / 02:26 PM IST Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the Union Budget in the parliament in New Delhi on February 1. (File image: Reuters) While pr...

Growth-oriented Budget with a balanced approach × Being a technology company that promotes digitisation, we are excited to see the first-ever Digital Budget in the history of India. The government is leading by example the way it is adopting digital transformation, be it faceless tax assessments or going all the way to make the Budget process entirely digital. Keeping in view the fact that the world is fighting the battle with first-ever pandemic in the past 50 years, this Budget is a very balanced and a growth-oriented one. This should help bring the economy back on the right track with mai...

‘The 34.5% rise budgeted in capex for 2021-22 is likely to have a multiplier impact on different sectors of the economy’

‘Investor Charter’ likely to find place in SEBI, IRDAI regulatory framework February 02, 2021 High-level group to work on single securities market code: Tarun Bajaj The Finance Ministry has indicated that the Securities and Exchange Board of India (SEBI) and the Insurance Regulatory and Development Authority of India (IRDAI) could consider introducing the ‘investor charter’ as part of the regulatory framework. “It is up to SEBI and IRDAI to consider ‘investor charter’ as part of regulatory compliance,” Economic Affairs Secretary Tarun Bajaj told BusinessLine. It has been prop...