Stamp Duties

What do uniform stamp duties mean for stock markets? During the week, the Ministry of Finance issued a circular announcing uniform stamp duty on all financial market transactions effective 09th January 2020. This had been on the cards for quite some time since Piyush Goyal first made the announcement in the interim budget 2019. Here…

NBFC Repayments

How will the NBFC segment handle Rs.35,000 crore outflow? Come September and the non-banking finance companies (NBFC) have fresh problems to worry about. Even last year the NBFC problems and the liquidity crunch had begun in September after the IL&FS defaults became public. So what exactly is the problem that NBFCs are going to face…