
BUSINESS
Capital gains tax structure changes will help IFSC
Budget’s changes will help outbound funds set up in IFSC raising money from resident investors. But the changes could have a negative effect on NAVs of offshore FPIs

BUSINESS
Non-equity mutual fund tax: FDs & bullion to be more attractive, bonds to take a hit
With the proposed change, retail investors may stay away from non-equity mutual funds because if they are risk-averse and conservative in their approach, they may just find it easier to park monies in fixed deposits