Wed, Sep 20, 2023 10:57 AM
B2B Marketing: SMEs must adopt these 10 best practices for ABM and ABX
A Flip by Avya Verma
DSP Mutual Fund has declared dividends in its ELSS Tax Saver Fund. Investors will receive a dividend of ₹0.580 per unit, with the record date set as May 16, 2024. The fund house has declared dividends in both its DSP ELSS Tax Saver-IDCW and DSP ELSS Tax Saver Direct-IDCW schemes. DSP ELSS Tax Saver Fund is mandated to invest at least 80% of its assets in equity stocks.
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The Supreme Court of India has stated that if a family divides its wealth among its members through a family arrangement following specific conditions, then the individual family members won't have to pay capital gains tax. The Godrej family, worth billions of dollars, recently used this method to distribute its wealth, which included properties in prime locations and shares of its listed company.
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Fintech major Paytm is still in the disruption phase and its business normalization and growth re-acceleration is likely to be a long drawn out process. The company may not turn EBITDA-positive before FY28 and net profit-positive by FY29, Emkay Global said. Paytm share price has corrected around 55% following the recent regulatory actions, echoing the expected business.
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