All posts by nangia

Super rich surcharge for equity investors rolled back – Sunil Gidwani

In a move that is meant to counter the 48 days of turbulence in the stock market, the Government on Friday came with its first booster shot for the economy, rolling back the higher super-rich surcharge levied on capital gains in equity market for domestic and foreign investors. Sunil Gidwani, Partner shares his views on aforementioned story for following publications: super-rich-surcharge-for-equity-investors-rolled-back-sunil-gidwani

Brewing of Controversy – Revision of Tax Returns under Amalgamation / Demerger – Amit Agarwal

There has been a sharp sell-off in the equity market since the Budget presentation, with the Nifty declining 7 per cent. It is believed that foreign portfolio outflows from the equity market — triggered by the Budget announcement of a hike in the surcharge on income-tax — is behind the sell-off. Amit Agarwal, Partner with inputs from Manasvi Gupta and Mansi Jain contributed an article on Brewing of Controversy – Revision of Tax Returns under Amalgamation / Demerger for Taxsutra. Brewing of Controversy - Revision of Tax Returns under Amalgamation / Demerger - Amit Agarwal

More than super-rich tax, the dull equity market is putting FPIs off – Aravind Srivatsan

There has been a sharp sell-off in the equity market since the Budget presentation, with the Nifty declining 7 per cent. It is believed that foreign portfolio outflows from the equity market — triggered by the Budget announcement of a hike in the surcharge on income-tax — is behind the sell-off. Aravind Srivatsan, Partner shares his views on a aforementioned story for Hindu Business Line- Front page story.More than super-rich tax, the dull equity market is putting FPIs off