The FinTech Hub
Source: Live Mint Bajaj Housing Finance IPO: Bajaj Housing Finance Limited’s initial public offering (IPO) is set to hit the Indian primary market on Monday. The largest IPO of 2024 will remain open for bidders until 11 September 2024, i.e., Wednesday next week. The Non-Banking Financial Company (NBFC) has fixed the Bajaj Housing Finance IPO…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
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…
