Why UAE NRIs Don’t Pay Capital Gains Tax On Mfs In India
Non-resident Indians (NRIs), particularly those residing in the United Arab Emirates (UAE), enjoy significant tax benefits on their investments in mutual funds (MFs) in India. These benefits stem from a Double Taxation Avoidance Agreement (DTAA) signed between India and the UAE, providing relief from capital gains taxation. However, navigating these benefits requires a thorough understanding...
Juniper Hotels Limited (Subscribe)
Highlights Issue Size –: 50,000,000 sharesIssue Open/Close – 21 Feb / 23 Feb, 2024Price Band (Rs.) 342 – 360Issue Size (Rs.) – 18,000 mnFace Value (Rs) 10Lot Size (shares) 40 Juniper Hotels Limited (JHL) is a flagship entity of Saraf Group incorporated in 2003 it is a joint venture between Saraf Hotels and Two Seas Holdings. JHL is a luxury hotel development and ownership...
Sovereign Gold Bond | Features and Eligibility
The modern investor’s solution to these challenges lies in Sovereign Gold Bond (SGBs), an innovative investment avenue issued by the Government of India. In India’s rich culture, gold is highly valued as a symbol of wealth, tradition, and culture. While the allure of physical gold is undeniable, it brings forth challenges ranging from storage concerns to issues of purity and...
Jana Small Finance Bank (Subscribe)
Highlights: Issue Size –: 13,768,049 sharesIssue Open/Close – 07 Feb / 09 Feb, 2024Price Band (Rs.) 393 – 414Issue Size (Rs.) – 5,700 mnFace Value (Rs) 10Lot Size (shares) 36 Jana Small Finance Bank Limited (JSFBL) was incorporated in 2006, registered as a non-banking finance company (NBFC) on March 4, 2008, and was awarded non-banking finance company-microfinance...
Budget 2024 Date, Time and Expectations
Recent successes in state elections, setting a positive backdrop, have now focused attention on India’s upcoming Interim Budget for 2024. Rather than grand populist gestures, there’s an expectation of a shift towards policy continuity and sustainable growth. This blog explores the diverse expectations from Budget 2024, delving into key areas poised to shape the economic...
Happy Forgings Limited (Subscribe)
Highlights Issue Size –: 11,865,764 sharesIssue Open/Close – 19 Dec / 21 Dec, 2023Price Band (Rs.) 808 – 850Issue Size (Rs.) – 10,085 mnFace Value (Rs) 2Lot Size (shares) 17 Happy Forgings Limited (HFL) incorporated in 1979, is the 4th largest engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India as of Fiscal 2023 in...
Tata Technologies Limited (Subscribe)
Highlights Issue Size –: 60,850,278 sharesIssue Open/Close – Nov 22 /Nov 24, 2023Price Band (Rs.) 475 – 500Issue Size (Rs.) – 30,425 mnFace Value (Rs.) 2Lot Size (shares) – 30 Tata Technologies Limited (TTL) incorporated in 2001, is a part of the Tata Group, which has been recognized as the most valuable brand in India. TTL a leading global engineering services company offering...