‘Taxes in real estate not high compared to all subsidies’: Deepak Shenoy counters broker’s queries to FM on high taxes

'Taxes in real estate not high compared to all subsidies': Deepak Shenoy counters broker's queries to FM on high taxes

Also Read: Worried broker queries FM Nirmala Sitharaman about high taxes in share market, real estate. She replies… Shenoy, who is the CEO of SEBI-registered portfolio management service (PMS) Capitalmind.in explains that one can offset long term capital gains in anything by buying a house. According to Shenoy, here’s how the taxes in the sector … Read more

Why the Nifty dropped to 3-week low after hitting fresh highs

Why the Nifty dropped to 3-week low after hitting fresh highs

This after the Nifty 50 opened higher on Friday, clocking a record intraday high of 22,794.70 points, until it ended the day’s trading in the red. The India VIX index—the fear gauge—ended 9% higher on Friday, indicative of the heightened volatility in the market. There has been some anxiety in the market with investors taking … Read more