UPA

The buzzing India stock market: Does it foretell a political change?

By Sundaramurthy Vadivelu

Note: This article highlights the past events in Indian political scenario and stock markets. It has to be viewed from a statistical and technical perspective and not from a political angle. The author has no association, membership or connection with any political party.

Good news for investors as they remain unaffected with service tax on mutual funds

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By Vipin Agnihotri

Contrary to the general belief, service tax will not be levied on entry and exit load charged by a mutual fund. Indian government through a circular clarified this. What’s more, highly placed sources in the government inform The India Street, that the service tax on construction industry has been lowered from previous 4 percent to 2 percent.

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