Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Derivatives, capital gains tax rate hike bring markets down
The Morning Standard
|July 24, 2024
THE Budget, which otherwise ticked all the boxes despite its heavy political tone and doles, has left stock market investors in disarray as the Finance Minister Nirmala Sitharaman has tweaked the tax rates for market assets-a fivefold increase in the securities transaction tax to 0.1% and a 2.5 percentage points hike in the long term capital gains tax to 12.5%.
A spooked market reacted kneejerk and the indices tanked nearly 1.5% intra-day but towards the second half recouped almost all losses, yet closing in the red after returning to the green many times.
The Sensex finally closed the trade with 73 points down and Nifty losing 30 points.
Denne historien er fra July 24, 2024-utgaven av The Morning Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Morning Standard
The Morning Standard
After Men’s Asia Cup, will the drama spill over to Women’s World Cup?
THE Asia Cup, perhaps, ended in the most apt manner possible.
1 min
September 30, 2025
The Morning Standard
After Men's Asia Cup, will the drama spill over to Women's World Cup?
THE Asia Cup, perhaps, ended in the most apt manner possible.
1 min
September 30, 2025
The Morning Standard
African national, posing as Korean bizman, dupes 100 women; nabbed
A 29-year-old African national was arrested for allegedly duping over 100 women claiming to be a UK-based Korean jewellery businessman and luring them with false promises of a personal relationship and business collaboration, police said on Monday.
1 min
September 30, 2025
The Morning Standard
CASTE COUNT SETS OFF HEAT IN KARNATAKA
HE Karnataka government’s Socio-Economic and Educational Survey, which began last week, has sparked controversy.
1 mins
September 30, 2025
The Morning Standard
Bhutan to be connected with India via rly network, 2 projects launched
INDIA and Bhutan will soon be connected by rail, as the Ministry of Railways announced two major cross-border projects on Monday.
1 mins
September 30, 2025
The Morning Standard
Leh Apex Body to pull out of October 6 talks
THE Leh Apex Body (LAB) said on Monday that it would stay away from talks with the Centre till peace and normalcy is restored in Ladakh.
1 min
September 30, 2025
The Morning Standard
UNIFORM SOLIDARITIES
India’s Oscar entry is about two boys with dreams of becoming police constables, believing that the uniform will be their insurance against the everyday humiliation they are subjected to for their religion and caste
3 mins
September 30, 2025
The Morning Standard
Ration on doorsteps: Only half of the beneficiaries received it at home
THE doorstep delivery of PDS commodities to senior citizens aged 70 and above and persons with disabilities (PwDs), launched in August as part of the Thayumanavar Scheme, has not pushed the percentage of targeted population receiving the commodities beyond the earlier figure of 70%, raising concerns of teething troubles in the scheme's design and implementation.
1 min
September 30, 2025
The Morning Standard
JLR to resume production following cyber attack
TATA MOTORS' British subsidiary Jaguar Land Rover (JLR) on Monday said it will partially resume manufacturing operations in the coming days after being hit by a cyber attack that brought its production to a complete halt earlier this month.
1 min
September 30, 2025
The Morning Standard
India's first European trade pact with EFTA to come into effect from Oct 1
INDIA WILL be implementing its first Europe-oriented trade agreement from October 1, confirmed Commerce and Industry Minister Piyush Goyal.
1 min
September 30, 2025
Listen
Translate
Change font size