The budget introduces a significant change in how share buybacks are taxed. Individual shareholders will now pay a lower 12.5% tax on buyback proceeds, moving from dividend taxation to capital gains. Promoters will face different rates, with foreign promoters taxed at 30% and Indian promoters at 22%.
Melania Trump rings New York Stock Exchange opening bell to launch new women’s initiative Imperia
On Wednesday, Melania Trump celebrated the launch of her initiative, Imperia, at the New York Stock Exchange, championing women’s leadership and economic empowerment. She emphasized