Public Provident Fund
Public Provident Fund How recent PPF guidelines impacts you? Three paragraphs on public provident fund (PPF) in a guideline issued by Ministry of Finance in July 2024 have created confusion in the investors’ mind regarding its impact on their existing PPF accounts. The confusion is even more if such PPF account is for the child. […]
Buyback Tax Impact
Buyback Tax Impact Retail investors to be hit harder by new share buy-back rule from Oct 1: Here’s the maths Sept 1, 2024 Tax on buy-back of shares has an oscillating history. Prior to 2013, share buybacks were taxable in the hands of the shareholders as capital gain. The old rule allowed the deduction of […]