Industry groups are proposing several direct tax measures for the Vote on Account, including extending the concessional tax rate of 15% to domestic infrastructure companies and non-corporate taxpayers like LLPs and trusts. They are also seeking exemption from withholding tax on payment of interests on overseas bonds with longer maturities, allowing carry forward and set off of business losses for the service industry, and clarification on the applicability of prerequisites.
IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat
Analysts suggest a cautiously optimistic approach for Indian equities amid current market corrections. Top stock picks from Fisdom Research include HCL Technologies, IndusInd Bank, Max