close
close

Yiamastaverna

Trusted News & Timely Insights

Indian Rupee

Rupee hits record low at market close as share tax hikes dampen sentiment

By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee fell to a record low on Tuesday as the government’s hike in taxes on capital gains from equity investments and on trading in equity derivatives dented market sentiment. The rupee closed…

India will not ease its tax demand on Infosys, a source says

By Nikunj Ohri NEW DELHI (Reuters) – The Indian government is not considering easing the tax demand it sent to Infosys last month, a government source said. The tax demand is in line with the Goods and Services Tax rules…