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Taxation on Buy-back of shares

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Meaning: Buy-back of shares, in simple terms, means the purchase by a Company of its own shares in accordance with the provisions of law. There are two modes of buy-back: Direct buy-back- i.e. directly from the shareholders (Off-Market deals) Buyback through stock exchange (On-Market deals) Let us understand the various ...

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Union Budget 2018 – a brief write up

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You would have got many mails or pdf documents covering the highlights of the Union Budget 2018. Hence, I chose to write only the important points here # 1 – Salaried employees – Currently, Rs.15000 per year towards medical reimbursements and Rs.1600 per month towards travelling allowance is available as ...

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