FIIs vs MFs: How the big boys are dealing with Paytm & other new-age stocks

July 27, 2023

An analysis of the latest shareholding pattern of the new-age companies shows that domestic fund houses increased their ownership in Nykaa by 336 bps to 8.5% in Q1. The stock of the fashion and lifestyle e-tailer has been among the worst performers in the pack of new-age stocks and is down by about 39% in the last one year.

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Old tax regime to stay, but why would anyone want it now: CBDT chairman

The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime

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A real estate GIFT in Budget: Tax incentives to boost GIFT City’s real estate growth, attract global investors

Budget’s tax proposals and incentives for GIFT City are expected to attract international investors and fund managers by extending tax concessions until 2030. This will

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