Disinvestment Dept Seeks Tax Sops for Retail Investors

NEW DELHI In a bid to broad base retail participation in stock markets the Department of Disinvestment (DoD) has suggested tax incentives for small investors to invest in the equity market. The DoD wants a broad based retail market to be created to get good value for the government stake sale planned in several PSUs. The department has made a formal proposal for tax incentives to the Department of Economic Affairs (DEA) in finance ministry, a senior official said.

Economic Times, New Delhi, 19 October 2015

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RBI deputy governor cautions fintech platform lenders on privacy concerns during loan recovery

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