By Siddhant Mishra The markets cheered the Budget announcement of not to tinker with capital gains tax, but a proposal to tax income from market-linked debentures (MLDs) as short-term capital gains has come as a rude shock. MLDs differ from regular non-convertible debentures or NCDs, which come with regular interest payouts, as investors get their […]
The once robust textile sector of Gujarat clocked a lacklustre performance in the year 2023 on the back of ongoing geo-political crises like the Ukraine-Russia war and Israel-Palestine conflict. Data collated by the government indicates export slump of 8% from $ 5.10 billion in 2022 to $4.69 billion this year. Not only was the industry […]
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