Gautam Singhania

Raymond to sell KS, KamaSutra, Park Avenue brands

Selling its fast moving consumer goods (FMCG) business, and demerging of Raymond Ltd's lifestyle business to Raymond Consumer Care Ltd while retaining real estate business and investments in engineering and denim are the rejig actions announced by Raymond Group to have two debt free listed companies. Apr 28, 2023
Ministry of finance.

Finance ministry clarifies on hike in STT on options trading

The Finance Ministry on Friday evening clarified that the securities transaction tax (STT) on options trading has been hiked by 25 per cent from 0.05 per cent to 0.0625 per cent, and not from 0.017 per cent to 0.021 per cent, saying that it was a typographical error and the rectification will be done in accordance with the extent procedure of the government. Mar 25, 2023