Fairfax has more than 10% shareholding and voting rights indirectly in two MFs – IIFL and Quantum. Fairfax said it’s in the process of paring its stake in IIFL Wealth to comply with Sebi norms.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount