The financial year 2023-24 comes with several regulatory changes affecting equity markets, mutual funds, and other schemes. The government has increased Securities Transaction Tax by 25% on futures and options contracts, which means an increase in STT on options and futures contracts. Income from debt mutual funds will now be classified as a short-term capital gain, which restricts LTCG benefits for investments beyond March 31, 2023.
US stocks: US market rises as yields ease, Moderna lifts healthcare stocks
US stock markets enjoyed a boost as easing bond yields and a spike in Moderna shares contributed to a favorable trading environment. Despite the Federal