Infosys’ massive Rs 18,000 crore share buyback is approaching. Zerodha co-founder Nithin Kamath advises investors to understand the tax rules. Gains from the buyback are taxed as income. The entire investment value is considered a capital loss. This buyback may be beneficial if you have other capital gains to offset. Shareholders must own Infosys shares by November 13 to qualify.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts