Super Rich Tax

The market rallied after media reports suggested that the government is likely to roll back recently-imposed higher tax on foreign portfolio investors (FPIs).

India likely to put 35% minimum shareholding rule for listed entities on hold: Source

The government is looking for ways to ease concerns of foreign portfolio investors that have pulled out of Indian equity markets after a budget announcement of higher taxes for individuals and trusts earning more than 20 million rupees a year

It is getting harder for FPIs to dodge the super-rich tax

Foreign portfolio investors are a baffled lot. The trouble is the increase in tax surcharge doesn’t sit well with government’s stated intention of making India an investment hotspot.

Budget 2016: Sustain path of fiscal farsightedness by monetizing assets

The Union Budget 2016 does have benefit of large savings on fuel subsidy due to lower oil prices.

Evening wrap: Top trending headlines on Thursday

Here are the key headlines of the day:

Download moneycontrol.com's e-book on Union Budget 2013-14

Palaniappan Chidambaram unveiled a very safe and sensible Budget 2013-14. There were no flashy announcements and the focus was on cutting the excess flab.

Budget Reactions: Budget punctures market hopes, says Udayan

Union Budget is a non-event for the market and not worthy of the expectations that P Chidambaram might have stoked in his commentary in the past.

'Super-rich tax' to be futile exercise: Tax experts

Tax experts believe briging 'super rich tax' may turn out to be a futile exercise as it will lead to higher tax evasion.