The government in the budget proposed a revamp of the capital gains structure for financial securities. It rationalised long-term and short-term capital gain tax rates and tenures for shares — listed and unlisted — and other products.
Tata Capital invests in Vodafone Idea bond issue
Non-banking financial companies (NBFCs) like Tata Capital, JM Financial Credit Solutions, Aditya Birla Capital, and Hero Fincorp have collectively invested around ₹1,300 crore in Vodafone