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Union Budget 2026: Government to tax buybacks as capital gains, says FM Nirmala Sitharaman
Image source: thehindu.com

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Union Budget 2026: Government to tax buybacks as capital gains, says FM Nirmala Sitharaman

The Finance Minister announced that the government will tax buybacks as capital gains to discourage the misuse of tax arbitrage by promoters. This change in the tax regime for buybacks is significant as it aims to prevent promoters from exploiting the tax system and will have implications for companies and investors in the stock market.

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