Group companies, excluding Tata Sons, hold nearly Rs 214.6 billion worth of shares in other listed firms
In the Union Budget 2018-19, Finance Minister Arun Jaitley has imposed a 10 per cent tax on LTCG made in the share market to curb tax evasion
Most foreign funds are peeved over the reintroduction of the tax without the abolition of the securities transactional tax
Exempting long-term capital gains (LTCG) on equity investments is one such measure, and a good one, writes the author
Long-term capital gains tax benefits for equities should go
Govt's move to impose 10% LTCG tax on entities which purchased shares in unlisted companies