Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshore funds. This distribution aimed to avoid stock dumping and defer investor taxes. Regulatory hurdles may arise from the timing and nature of these investments. Taxation views differ, with some suggesting capital gains tax upon receipt.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased