LTCG tax indexation changes could apply from FY26; GoI is reviewing – report

LTCG tax indexation changes could apply from FY26

The Government of India(GoI) is considering postponing the implementation of changes to the long-term capital gains (LTCG) tax indexation rules until FY26 (financial year 2025-26). This potential change could offer relief to property owners who were previously facing increased tax liabilities due to the removal of indexation benefits in the new tax rules effective from Read more: LTCG tax indexation changes could apply from FY26; GoI is reviewing – report..

SEBI exempts state-run firms from meeting public shareholding norms until August 2026

SEBI exempts state-run firms from meeting public shareholding norms

SEBI (Securities and Exchange Board of India) has exempted all state-run firms from meeting public shareholding norms for two years until August 2026. This exemption means that listed public sector companies are not required to maintain the minimum 25% public shareholding mandated by the market regulator, SEBI (Securities and Exchange Board of India). The exemption Read more: SEBI exempts state-run firms from meeting public shareholding norms until August 2026..

GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end

GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end

The Government of India has extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, from its initial end date of July 31 to September 30, 2024. Additionally, the budget for the scheme has been increased from Rs. 500 crore to Rs. 778 crore.   The Electric Mobility Promotion Scheme (EMPS) 2024 is an Read more: GoI extended the Electric Mobility Promotion Scheme (EMPS) to Sept 2024 end..