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The article informs about the performance of 28 major listed pesticide companies in China in H1 2023. Topic include the analysis reveals a 22.07% YoY decrease in overall revenue, with the top four companies individually achieving revenues exceeding USD 1.00 billion. Topic include the combined net profit of the selected companies dropped by 67.40% YoY, reflecting challenges in the pesticide industry.

The article provides an overview of productivity indicators, emphasizing how productivity measures efficiency in using labor and capital to produce output. Topics discussed include the impact of using Purchasing Power Parities (PPPs) for comparing GDP, differences in labor productivity levels across countries, and the challenges in measuring labor input and productivity in the digital economy.

Clarifying about the removal of indexation for long-term capital gains, he stated that it should not hurt the masses as the capital gains tax was increased marginally for the "high-income group" only [ABSTRACT FROM AUTHOR]

The Nifty, an Indian equity benchmark, ended Thursday's trading session with marginal losses due to monthly F&O expiry. Foreign institutional investors sold stocks worth Rs 5,130.90 crore, and concerns over increased capital gains taxes kept sentiment cautious. Despite a statement from Revenue Secretary Sanjay Malhotra about tax relief for the middle class, traders remained cautious due to foreign investors selling Indian equities. The Nifty recovered from earlier losses but ended just below its neutral line. Traders were seen piling up positions in Auto, Pharma, and Media stocks, while selling was witnessed in Metal, Private Bank, and Consumer Durables. The India Volatility Index (VIX) increased by 7.26%, and the Nifty closed at 24,406.10. [Extracted from the article]

The Union Finance Minister, Nirmala Sitharaman, has presented the budget for the Financial Year 2024-25, focusing on relief for the middle class, job creation, technology, and ease of doing business. The budget emphasizes inclusive growth, with a focus on women, the poor, youth, and farmers. It outlines nine priority areas for development and includes initiatives for agriculture, employment, education, and skilling. The budget also addresses fiscal consolidation, economic growth, subsidies, capital outlay, defense, industry, and the external sector. Overall, the budget aims to promote comprehensive and sustainable growth and benefit all sections of society. [Extracted from the article]

The Budget has reduced tax rates on capital gains earned from sale of house properties held for long term, but has removed the indexation benefit available to taxpayers [ABSTRACT FROM AUTHOR]

Markets continue budget day weakness on Wednesday as capital gains tax increase dampen investor sentiments [ABSTRACT FROM AUTHOR]

The short term capital gains was hiked to 20% from 15% earlier. In addition, income from buyback of shares will be taxed at the hands of the recipient. [Extracted from the article]

The Union Budget 2024-25, presented by Nirmala Sitharaman, focuses on employment, skilling, MSMEs, and the middle class. It includes schemes for employment and skilling, such as providing salary to first-time employees and incentives for job creation in manufacturing. The budget also prioritizes agriculture, urban development, energy security, infrastructure, innovation, research and development, and next-generation reforms. Changes in indirect and direct taxes are proposed, along with measures to simplify tax processes and deepen the tax base. The revised tax rate structure aims to provide a clear and progressive tax system for individuals in India. [Extracted from the article]

Nithin Kamath, the CEO of Zerodha, has called on the government to provide tax exemptions for investments in startups in order to address the issue of unemployment in India. Kamath believes that encouraging entrepreneurship is a key solution to the problem of structural unemployment. He specifically suggests including investments in startups under Section 54F of the Income Tax Act, which currently offers tax exemptions for reinvesting capital gains in residential property. Kamath acknowledges the potential for misuse of the law but believes that the benefits of promoting startup investments outweigh the risks. [Extracted from the article]

The Association of Mutual Funds in India (AMFI) has proposed significant tax concessions for debt mutual funds in its proposal for the Union Budget FY 2024-25. They have requested that capital gains on redemption of units of debt-oriented mutual funds held for more than 3 years be taxed at 10% without indexation, similar to the tax treatment for debentures. AMFI has also called for changes to the tax treatment of long-term capital gains on listed equity shares or units of equity-oriented fund schemes. They suggest that gains exceeding Rs 2 lakh annually on shares held for more than one year but up to three years be taxed at 10%, and those held for more than three years be exempt from capital gains tax altogether. Additionally, AMFI has proposed the launch of pension-oriented mutual fund schemes with tax benefits similar to the National Pension System (NPS). They recommend that these schemes should benefit from the same tax exemptions and contributions as NPS under Sec. 80CCD of the Income Tax Act, 1961. [Extracted from the article]

The Federation of Indian Chambers of Commerce and Industry (FICCI) has recommended simplifying the capital gains tax in the upcoming Union Budget. FICCI also suggests increasing the capital expenditure outlay for FY25 by 25% over the previous year and laying down a roadmap for rationalizing the TDS rate structure. Additionally, FICCI calls for GST 2.0 reforms, support for MSMEs, and prioritizing innovation and research & development (R&D). FICCI also proposes strengthening the agricultural ecosystem, creating a research network, and granting infrastructure status to tourism projects. [Extracted from the article]

The PGIM India ELSS Tax Saver Fund-Reg (G) is an open-ended equity-linked saving scheme (ELSS) that aims to generate long-term capital appreciation by investing in equity and equity-related instruments. The fund allows eligible investors to avail deductions from their total income as permitted under the Income Tax Act. The fund has a current net asset value (NAV) of Rs 33.23 and a 52-week high NAV of Rs 33.23. The top five sectors in the fund's portfolio are banks, capital goods, healthcare, IT, and automobile & ancillaries. The fund's top five holdings include HDFC Bank, ICICI Bank, Reliance Industries, Axis Bank, and Larsen & Toubro. The fund has a moderately high risk category and is suitable for investors looking to invest for at least three years and seeking additional benefits of income tax savings. The fund has a three-year lock-in period and an expense ratio of 2.29%. In terms of performance, the fund has delivered returns of 1.65% in the past week, 7.37% in the past month, 11.21% in the past three months, 12.15% in the past six months, 25.25% in the past year, 16.55% in the past three years, 17.76% in the past five years, and 12.07% since inception. [Extracted from the article]

The article addresses issues on capital gains taxes in the U.S. Topics discussed are tax treatment and sources of capital gains, capital gains and effective tax rates on investment, capital gains realizations response and revenues, distributional and efficiency effects of capital gains, exemption for owner-occupied housing and tax-free organizations. Policy options to increase capital gains taxes are proposed increased tax rates on dividends and capital gains and taxation of gains as accrued.

The document titled "SBI Mutual Fund" provides information about the SBI Long Term Equity Fund-Reg(G), which is an open-ended Equity Linked Saving Scheme (ELSS). The fund aims to provide the benefits of investing in equity shares while offering tax rebates under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically based on distributable surplus. The fund has a current net asset value (NAV) of Rs 370.92 and a 52-week high NAV of Rs 374.87. The top five sectors in the fund's portfolio are Bank, Automobile & Ancillaries, Healthcare, IT, and Crude Oil. The fund's top five holdings in listed companies include GE T&D India, ICICI Bank, Cummins India, Torrent Power, and Mahindra & Mahindra. The fund has a market capitalization allocation of 51.32% in large-cap companies, 23.69% in mid-cap companies, and 14.95% in small-cap companies. It is managed by Dinesh Balachandran and falls under the Very High risk category. The fund has a 3-year lock-in period and qualifies for tax deduction under Section 80C of the Indian Income Tax Act. The expense ratio of the fund is 1.65%. In terms of performance, the fund has provided returns of 0.96% in the past week, 1.05% in [Extracted from the article]

Through this platform, ABHFL has sought to make the home loan process simple and hassle-free for customers while enabling them to stay in control of the journey [ABSTRACT FROM AUTHOR]

The Taurus Mid Cap Fund-Reg(G) is an open-ended equity-mid cap fund scheme that aims to achieve long-term capital appreciation by investing in equity and equity-related securities of mid-cap companies. The fund has been managed by Anuj Kapil since its launch on September 5, 1994. The top five sectors in the fund's portfolio are finance, banking, automobile and ancillaries, capital goods, and construction materials. The fund's current net asset value (NAV) is Rs 110.92, with a 52-week high NAV of Rs 114.11 and a 52-week low NAV of Rs 69.98. The minimum investment in the fund is Rs 1000, and there is no entry load, with a maximum exit load of 1% before 365 days and no exit load after 365 days. The fund's market cap-wise allocation style shows that it has a large allocation to mid-cap companies. The scheme is categorized as very high risk and is suitable for investors looking for high returns over a period of 3-4 years. The fund's performance has been positive, with returns of -1.33% in the past week, 0.46% in the past month, 10.27% in the past 3 months, 15.48% in the past 6 months, and 50.38% in the past year. The expense ratio of the fund is 2.56%. [Extracted from the article]

Empirical analysis of U.S. income, saving and wealth dynamics is constrained by a lack of highquality and comprehensive household-level panel data. This paper uses a pseudo-panel approach, tracking types of agents by birth cohort and across time through a series of cross-section snapshots synthesized with macro aggregates. The key micro source data is the Survey of Consumer Finances (SCF), which captures the top of the wealth distribution by sampling from administrative records. The SCF has the detailed balance sheet components, incomes, and interfamily transfers needed to use both sides of the intertemporal budget constraint and thus solve for saving and consumption. The results here are consistent with recent papers based on individual panel data from countries with administrative registries, and highlights the different roles of saving, capital gains, and interfamily transfers in wealth change over the lifecycle and across permanent income groups. [ABSTRACT FROM AUTHOR]

The article focuses on capital gains are the increase in the value of an asset, such as corporate stock, land, a building, or the increase in the value of a business. It mentions subsequent capital improvements minus depreciation taken on the original building or any capital improvements tax code measuring capital income, gains are not adjusted for inflation. It also mentions higher-income individuals, although that survey excludes the wealthiest individuals.

Congress has had a long-standing interest in the tax treatment of carried interest—a form of compensation often received by fund managers of alternative investment vehicles (e.g., private equity or hedge funds). This interest dates back to a series of hearings on the topic in 2007. Much of the concern over the tax treatment of carried interest has been about its fairness and economic efficiency, which may be of increased salience as investments in alternative investment vehicles have grown. As of the second quarter of 2019, private equity and hedge funds had roughly $14.3 trillion in assets under management—an increase of nearly 40% over the past four years. The current tax treatment of carried interest is the result of the intersection of several parts of the Internal Revenue Code (IRC)—relating to partnerships, capital gains, qualified dividends, and property transferred for services provided. The net result of these interactions is that carried interest is generally taxed as a capital gain or qualified dividend, often at a rate of 20%. This 20% rate for carried interest is the top rate applicable to long-term capital gains, which applies to carried interest if held for more than three years. (In general, long-term capital gains tax treatment requires assets to be held for one year.) By contrast, the top tax rate on ordinary income—for example, earned income—is 37% through the end of 2025, and 39.6% thereafter. Arguments to change the tax treatment of carried interest are often based on the economic principles of efficiency and equity. Tax systems are generally deemed to be more efficient when they tax similar activities in a like manner. Under the current characterization of carried interest, general partners’ performance fees are taxed less heavily than other forms of compensation, leading to distortions in employment, organizational form, and compensation decisions. It is also argued that the current treatment of carried interest violates the principles of both horizontal and vertical equity. Perhaps as a result of these arguments, a number of legislative proposals have been introduced over the years. The proposals would, if enacted, tax all or some of carried interest as ordinary income or treat the granting of carried interest as a subsidized loan. The proposed Ending the Carried Interest Loophole Act(S. 1639) would treat the grant of carried interest to a general partner as a loan from the limited partners made at a preferred interest rate. The bill proposes interest rates above the applicable federal rate, setting the interest rate at the average five-year corporate bond interest rate plus 9 percentage points. [ABSTRACT FROM AUTHOR]

The Federation of Indian Chambers of Commerce & Industry (FICCI) has released its pre-budget memorandum for 2024-25, making several recommendations. FICCI suggests that the government should prioritize public capital expenditure on physical, social, and digital infrastructure in the upcoming budget. They also propose exempting the buy-back tax (BBT) for listed shares purchased through the stock exchange method, as the justification for the tax does not apply in these cases. Additionally, FICCI recommends extending the sunset date for availing the concessional tax rate of 15% for newly established manufacturing companies under Section 115BAB of the income-tax law. [Extracted from the article]

The Confederation of Real Estate Developers Association of India (CREDAI) has submitted a pre-Budget wish list with several proposals. They suggest that long-term capital gains on capital assets should be taxed at 10 percent, with the holding period reduced to 12 months. They also recommend increasing the deduction limit for the principal repayment of housing loans under Section 80C. Additionally, CREDAI suggests revising the definition of affordable housing and increasing the limit for deduction of interest against rental income. They also propose the implementation of a credit guarantee scheme for housing loans and house improvement loans. [Extracted from the article]

The said CoR was received by the Company on January 10, 2024 [ABSTRACT FROM AUTHOR]

The document provides information about the UTI ELSS Tax Saver Fund-Reg(G), an open-ended equity-linked savings scheme (ELSS) fund. The fund invests in equities, convertible debentures/bonds, and warrants of companies. It has a 3-year lock-in period and is designed for investors looking for tax benefits and higher returns. The fund's top holdings include HDFC Bank, ICICI Bank, Infosys, Axis Bank, and Bharti Airtel. The fund has a very high-risk category and has shown positive performance compared to the category average. [Extracted from the article]

Pursuant to the aforesaid investments, there is no change in the percentage shareholding of ABCL and both, ABCDL and ABFL continue to be wholly owned subsidiaries of the company [ABSTRACT FROM AUTHOR]

The article provides an overview of tax incentives for opportunity zones in the U.S. Topics include tax benefits for qualified investments; temporary deferral of capital gains that are reinvested in qualified opportunity zones property; and exclusion of capital gains tax on qualified opportunity zones in investment returns held for at least 10 years.

The article discusses the impact of the Amazon's decision on splitting its second headquarters (HQ2) in Long Island City, New York and Northern Virginia to the tax incentives. Topics mention including the set of the Opportunity Zones (OZs) tax incentives, capital gain investments and Qualified Opportunity Fund (QOF).

Axis Flexi Cap Fund-Reg(G) is anopen ended Equity - Flexi Cap Fund scheme. If sold after 1 year from purchase date, long term capital gain tax will be applicable. The investment objective of theScheme is to seek to generate long term capital appreciation by investing in adynamic mix of equity and equity related instruments across marketcapitalizations. [Extracted from the article]

The article reports that proposed change would eliminate the part of capital gains that reflects inflation by increasing the basis by inflation occurring since acquisition of the asset. It mentions that capital gains indexing would reduce the distortion between debt and equity but increase the favoritism of retaining earnings over paying dividends. It presents information on increase in administrative and costs.

The Investment and Borrowing Committee of the Board of Directors of the Company (Committee) at its meeting held on August 29, 2023 has approved the same [ABSTRACT FROM AUTHOR]

Total consolidated income of the company increased by 25.94% at Rs 7,051.59 crore for Q1FY24 [ABSTRACT FROM AUTHOR]

The Investment and Borrowing Committee of the Board of Directors of the Company (Committee), on July 13, 2023 has made an allotment of the same [ABSTRACT FROM AUTHOR]

A substantial share of the wealth of Americans is held in tax-deferred form such as in retirement accounts or as unrealized capital gains. Most data and statistics on assets and wealth is reported on a pre-tax basis, but pre-tax values include an implicit tax liability and may not provide as accurate a measure of the financial position or material well-being of families. In this paper, we describe the distribution of tax-deferred assets in the SCF from 1989 to 2013, provide new estimates of the income tax liabilities implicit in those assets, and present new statistics on the level and distribution of after-tax net worth. The results of our analysis suggest that, relative to published statistics on pre-tax net worth, the distribution of after-tax wealth is slightly less concentrated at each point in time and the effectiveness of the income tax system in reducing wealth inequality has decreased during the last decade. We find the reduction in the long-term capital gains rate is the primary reason for the muted effectiveness of the income tax system in reducing wealth inequality. [ABSTRACT FROM AUTHOR]

Total consolidated income of the company increased by 21.63% at Rs 8,051.82 crore for Q4FY23 [ABSTRACT FROM AUTHOR]

The purchaser is part of the Samara Capital Group and an affiliate of Samara Alternate Investment Fund [ABSTRACT FROM AUTHOR]

Estimates of U.S. returns differentials have ranged from exorbitant to quite small, in part because of their volatility coupled with the relatively short time series available. We shed light on underlying drivers of returns differentials by presenting a number of decompositions: a by-asset-class decomposition into yields and capital gains, the Gourinchas and Rey (2007a) composition and return effects, and further decompositions of capital gains that focus on exchange rate effects. While each decomposition informs thinking about returns differentials, one constant is evident throughout: to date the existing differential favoring the U.S. has owed primarily to one factor, a differential in direct investment yields. We discuss how our analysis informs the income puzzle (of positive net income flows to the U.S. even as its net international investment position is negative and substantial) and the position puzzle (of a sizeable gap between the reported U.S. net international position and cumulated current account deficits), provide an initial assessment of the literature on the dynamics of returns differentials, and present a framework to guide a forward-looking view of how returns differentials might evolve in the future. [ABSTRACT FROM AUTHOR]

The article provides an overview of the taxation in Ireland since its independence in 1949, with details on capital gains and corporate taxes.

The article focuses on corporate taxes in Switzerland including corporate tax rates and definition of terms such as taxable income, depreciation. It discusses capital taxes, treatment of capital gains and taxes on interest and dividends. It enumerates other taxes which include federal stamp taxes on insurance premiums, issuance of securities and trading of securities. The government reportedly approved the too big to fail tax measure to benefit tax-exempt institutional investors.

The article discusses a report by the Economist Intelligence Unit on corporate taxes in Russia Federation as of November 2010. It offers information on the stipulations stated in the Tax Code. It explains the objectives of the reform during the second term of Prime Minister Vladimir Putin. The implementation of Chapter 25 of Part II of the Tax Code on January 1, 2002 is discussed. Other topics discussed include depreciation, capital taxes and treatment of capital gains.

The article describes the corporate taxes in France as of May 2010. It describes the reform of the local business tax in which an annual levy has been implemented by municipal and regional governments according to the rental value of fixed assets used for the business. Despite the high tax morality among large French corporations and foreign investors, tax evasion remains a problem on smaller companies. Information on the country's corporate tax rates, capital taxes, treatment of capital gains, and taxes on royalties and fees are included.

The article presents a discussion about personal taxation in Canada. The country has high income tax rates because of its social-support system, which includes government-paid healthcare and university education costs. Taxable income for residents of Canada include pensions, capital gains and dividends.

The article offers information on corporate taxes in Australia. A corporate income tax rate of 30% is levied by the federal government on company profits. It cites the conditions that make a company eligible for tax purposes. The calculation of the taxable income of a company is detailed. Other topics discussed include depreciation, treatment of capital gains, capital taxes and taxes on royalties and fees, on interest and dividends, and double-tax treaties.

The article talks about Argentina's corporate tax regime. It is based on several types of taxes such as the value-added tax (VAT), payroll tax, and the financial transactions tax. The definition of taxable income, annual depreciation rates, handling of capital gains, and double-tax treaties are all discussed. It also looks into royalties and fees taxes, interest and dividends taxes, and intercompany charges.

We examine the importance of incorporating macroeconomic information and, in particular, accounting for model uncertainty when forecasting the term structure of U.S. interest rates. We start off by analyzing and comparing the forecast performance of several individual term structure models. Our results confirm and extend results found in previous literature that adding macroeconomic information, through factors extracted from a large number of individual series, tends to improve interest rate forecasts. We then show, however, that the predictive power of individual models varies over time significantly. Models with macro factors are the more accurate in and around recession periods. Models without macro factors do particularly well in low-volatility subperiods such as the late 1990s. We demonstrate that this problem of model uncertainty can be mitigated by combining individual model forecasts. Combining forecasts leads to encouraging gains in predictability, especially for longer-dated maturities, and importantly, these gains are consistent over time. [ABSTRACT FROM AUTHOR]

The article focuses on corporate taxes in South Korea. It provides an overview of tax cuts implemented by government to make business more attractive to domestic and foreign companies. Tax income is defined including allowed depreciation methods and the schedule for payment of taxes. Capital taxes and the treatment of capital gains are discussed. Also noted are taxes on dividends, interests, and royalties and fees, as well as taxation on bilateral treaties, intercompany charges, and other types of taxes.

The US-India Strategic and Partnership Forum (USISPF) has urged the government to simplify and rationalize direct and indirect taxation system in India, a move it believes would increase the confidence of global investors and yield greater foreign direct investment. It urged the government to extend the concessional tax regime to Foreign Portfolio Investment (FPI) from investment in securities. [Extracted from the article]

Narendra Solanki, Head- Equity Research Anand Rathi Shares & Stock Brokers has said that investors are expected to remain focused on three key factors from the pre-election year Budget 2023, firstly equity investors are expecting a uniform tax structure for capital gains which might help taxpayers to have more disposable income. Secondly, investors will be looking for fiscal consolidation which is necessary for financial stability in the economy and thirdly, investors are contemplating policy reforms to rationalise bottlenecks for growth such as subsidies, a clear roadmap for disinvestment targets and expediting the much-awaited PSU privatisation or consolidation. [Extracted from the article]

Sterling Developers' Chairman and MD -- Ramani Sastri, in budget expectations, has said that there is a need for income tax relief on a second home and some reduction in long-term capital gains, besides making a case for interest subsidy to first-time homebuyers. He stated 'There is a specific need for income tax relief on a second home and positive measures with regard to long-term capital gains, which will benefit home buyers in a big way and also stimulate the real estate sector'. [Extracted from the article]

Canara Robeco Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Canara Robeco Mutual Fund (CRAMC) as amended from time to time.Canara Robeco Mutual Fund informed that with reference to SEBI (Mutual Funds) (Third Amendment) Regulations, 2022 and SEBI Circular no. SEBI/HO/IMD/IMD-I DOF2/P/CIR/2022/161 dated November 25, 2022, the timelines for transfer of dividend/IDCW and redemption proceeds to unitholders stands modified with effect from January 14, 2023. [Extracted from the article]