Investors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gains taxes. With the Reserve Bank of India’s stringent leverage rules potentially pushing trading activities offshore, there’s a risk of reduced government revenues and diminished market liquidity. Authorities are considering these issues in light of the recent tax cuts on government securities.
Jupiter Wagons shares rally 8% on Rs 1,140 crore Railway Board order
Jupiter Wagons shares rallied over 8% after securing a Rs 1,140 crore Railway Board order for 2,583 wagons. The company expects additional order inflows of