Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

Intentar ORO - Gratis

How share buyback amount is taxed

The New Indian Express Vishakapatnam

|

October 27, 2025

Payment made by a company to buy back shares is deemed as ‘dividend income’ in the hands of shareholders

- DIPAK MONDAL @New Delhi

How share buyback amount is taxed

WHEN promoters of Infosys Ltd — including NR Narayana Murthy, Sudha Murthy and Nandan Nilekani, among others — decided to opt out of the company’s ongoing share buyback programme despite the offer carrying a hefty premium of more than %300 per share over the prevailing market price, everyone was curious what the reason could be.

Experts claim the decision was driven by tax consideration as participating in the buyback offer would result in steep tax implications for individual shareholders.

On September 11, 2025, Infosys announced a buyback of equity shares at 71,800 per share, compared with the market price of 21,510 on that date. The stock currently trades at around 21,523 implying a premium of 2277 per share under the buyback offer.

MÁS HISTORIAS DE The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

AP HC orders CID to probe settlement of $900 theft case at Tirumala Parakamani

THE Andhra Pradesh High Court on Monday ordered a CID probe into the controversial settlement of a theft case involving ₹72,000 ($ 900) stolen from the Parakamani of Sri Lord Venkateswara Swamy Temple at Tirumala.

time to read

1 min

October 28, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Growth must be accompanied by equitable distribution: C Rangarajan

FORMER Reserve Bank of India governor, C Rangarajan on Monday emphasised that India’s ambition to become a developed nation by 2047 hinges not only on sustained high growth but also on a conducive global environment and cooperative international policies.

time to read

1 min

October 28, 2025

The New Indian Express Vishakapatnam

Sona Comstar puts JV with China’s Jinnaite Machinery in ‘abeyance’

AUTO component major Sona BLW Precision Forgings (Sona Comstar) said on Monday that it has decided to keep its joint venture with China-based Jinnaite Machinery Co. Ltd. (JNT) in abeyance, citing geopolitical factors.

time to read

1 min

October 28, 2025

The New Indian Express Vishakapatnam

Shah showcases big maritime strength

680 MoUs worth ₹10 lakh crore to be signed

time to read

1 mins

October 28, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Students won't tie knots anymore as Raj makes school dress uniform

IN a step toward standardising the education system, the Rajasthan Education Department has introduced a common uniform for students in both government and private schools.

time to read

1 mins

October 28, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

‘INITIAL LEARNING IN MOTHER TONGUE VERY IMPORTANT’

Proficiency in one language makes picking up another easier, Sanjay Kumar, Secretary, Dept of School Education, tells the 28th edition of Delhi Dialogues

time to read

6 mins

October 28, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Naidu moots bullet train link to Amaravati Airport

AMARAVATI is set to become a major hub in Andhra Pradesh’s rail and logistics network, with Chief Minister N Chandrababu Naidu proposing a bullet train connection to the upcoming international airport in the capital region.

time to read

1 min

October 28, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Protect forest dwellers from eviction, states told

DAYS after defending the Forest Rights Act (FRA), 2006 in the Supreme Court, the Union government has directed all states and Union territories to ensure that no tribal or forest-dwelling community is forcibly evicted from wildlife sanctuaries or national parks until their rights are fully recognised and settled.

time to read

1 mins

October 28, 2025

The New Indian Express Vishakapatnam

Chained and handcuffed independent — all for a bridge over river Bagmati

MEET Sanjay Sargharsh Singh, an Independent candidate from Bihar’s Sheohar Assembly constituency, who with his distinctive approach, is drawing huge crowds.

time to read

1 min

October 28, 2025

The New Indian Express Vishakapatnam

MLA among six BJP leaders expelled

THE BJP on Monday initiated disciplinary action against six leaders, including a sitting MLA, for indulging in anti-party activities, according to a statement issued by Bihar unit of the BJP late on Sunday.

time to read

1 min

October 28, 2025

Listen

Translate

Share

-
+

Change font size