Capitalmind
Capitalmind

4402 ArticlesDeepak Shenoy

77 / 441

Jindal Steel and Power Downgraded to Default, A 39,000 Cr. Debt Problem as Franklin MF Takes 25% Haircut

Jindal Steel and Power Limited has been downgraded to “default” (D) by Crisil. The rationale is simple:  The rating downgrade reflects delays by ...
Franklin-Exposure.png

Startup Boost: Investments By Non-Residents in Private Companies Will See Only 10% Capital Gains Tax

Did you know that startup investments (from non-Indians) got a tax fillip from the Budget 2016? If they sell shares in a private company, they will get taxed ...

Update: EPF Will No Longer Be Taxed, Jaitley Withdraws Budget Proposal

Jaitley now withdraws the EPF Proposal, apparently. This was part of his speech in the Parliament today. Our View  We had a quick periscope on what we ...

Austrian Province Offers 75 Cents on Guaranteed Bonds: Sovereign Guarantee Means Nothing

Just as we think things are getting stable in the rest of the world, Austria has fallen into a strange situation. There was a bank, Heta. It failed. Six years ...
Carinthia.png

Video: Our Take on the EPF Tax in 10 minutes

While the government discusses whether (or not) to keep the EPF tax that they recently introduced, let’s take a dive into what this tax really is, in a ...

Premium: The JustDial Buyback and What's Causing The Reverse Arbitrage

A Sorta Big Buyback Justdial is buying back some of its shares, at Rs. 1,550 per share. They will buy back 10.62 lakh shares for a total consideration of Rs. ...

Optionalysis: A Small Call Spread Profit With MA20

The recent up-move triggered an MA20 trade and we booked a small (3%) profit on it. Though there are multiple lessons to be learnt as we probably could have ...

Budget 2016: Meets Deficit Targets Through Higher Taxes and Lower Expense Growth

Budget 2015-16 was the first real budget by the government. Which missed many estimates and added many more things. But here are the elements to note in the ...
Revenues.png

Premium: The RBI Gives Banks At Least 13,000 Crores By Allowing Them To Use Their Property Holdings

We’ve been asking for it for ages. And now, RBI’s done it: Allowed banks to access their large amount of real estate properties to use as capital. ...

Update from Finmin: PPF Is Not Taxable, But EPF Corpus is Taxable at Exit And More

This is an update to our (very popular) post on Clearing the Confusion on how EPF is Taxed in Budget 2016. The Finance Ministry has released a note confirming ...