Stock market news: This income tax rule to be implemented next month | Mint

Stock market news: This income tax rule to be implemented next month | Mint

Source: Live Mint Starting October 1, 2024, significant changes will be implemented in the taxation of share buybacks, shifting the tax burden from companies to shareholders. Companies are taxed at 23.296 per cent on buyback transactions, covering surcharges and cess, while shareholders face no tax on the buyback proceeds. Under the new rules, buyback proceeds…

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FPI-favourite penny stock Evexia Lifecare sets board meeting date for fundraise. Details here | Stock Market News

FPI-favourite penny stock Evexia Lifecare sets board meeting date for fundraise. Details here | Stock Market News

Source: Live Mint Shares of Evexia Lifecare came into the spotlight on Wednesday, September 11, after the company announced its upcoming board meeting, set for Monday, September 16, 2024, to discuss a significant fundraising initiative. The board is expected to consider raising funds through the issuance of convertible equity warrants and/or equity shares on a…

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VanEck Shuts Down Ethereum Futures ETF Amidst Struggling Market Conditions | TheSpuzz

VanEck Shuts Down Ethereum Futures ETF Amidst Struggling Market Conditions | TheSpuzz

Source: Bitcoinist On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund’s listing exchange until market close on September 16, 2024.  After that date, the shares will…

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