“The short-term capital gains tax is only 15% and long term capital gains after one year is just 10%. I think an arbitrage fund is going to have a large flight of capital from the other debt categories which from April 1, have become less efficient from the taxation standpoint.”
Dividend alert! Last day to buy LIC Housing Fin, Hitachi Energy and 36 other stocks for dividend payouts. How many do you own?
Under Sebi’s T+1 settlement cycle, investors need to purchase a company’s shares at least one trading day before the record date to ensure the shares