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Surcharge News

What is the Difference Between Cess and Surcharge?
The Union Government levy a variety of levies such as tax, fee, cess, and surcharge to collect revenue. When you make most of the payment you would have noticed. The cess tax is a powerful instrument in the hands of taxpayers ...
What Is The Difference Between Cess And Surcharge

Nifty Opens Above 11050 Tracking Gains In US And Asian Markets
Indices tracking major gains in the US and Asian markets opened Friday's session higher, Niftyat open was up 49.40 points at 11081.90, while Sensex traded with gains of 141.42 points at 37468.78. Also, the sentiment in the market has been uplifted ...
Nifty Opens Above 11000 Tracking Gains In Us And Asian Mark
Rupee Opens Higher At 70.53
Rupee in Friday's trade opened higher by 16 paise at 70.53 versus previous closing of 70.69 per US dollar. On Thursday, rupee ended with gains after a reprieve from reports that the government would remove surcharge tax on FPIs. Oil ...
Rupee Opens Higher At 70
Why Nifty Surged 177 Points Today?
In last one hour of trade today, there was seen short covering as the news report of the finance ministry deciding to withdraw higher surcharge imposed on FPIs provided the much needed relief. In the Budget announced on July 5, the ...
5 Factors Which Dragged Nifty Below 11350 Points Today
Sensex and Nifty traded with huge volatility in today's trade and closed lower, with Sensex down 300 points to close at 38,031 points while Nifty also went down by 80 points to close below 11,350 mark. Here are the 5 major ...
Govt Provides Some Clarity On Higher Surcharge For FPIs
FM Sitharaman's Budget 2019 proposal to increase surcharge on the rich spooked the market at the start of the current week triggering a sell-off as fears over its applicability on foreign portfolio investors (FPIs) structured as trusts. BSE's Sensex lost 2 ...
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