Infosys has announced a mega share buyback. This has brought cheer to the stock market. New tax rules apply to this buyback. Individual shareholders now pay tax on the entire buyback amount. This is treated as dividend income. TDS applies. Investors can record capital loss. This can be set off against capital gains.
Tech equity sales renew AI debt-binge worries
Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital