Get full access to one story every week, and to summaries of all other stories. Just create a free account

Seetharaman G

Deputy Editor • India Edition

Starting out as a business journalist in 2008, Seetharaman has written about energy, climate change, retail, banking, and technology. He has worked with Business Today, a fortnightly, and the Sunday edition of The Economic Times.

73 Articles published

Top Comments by Seetharaman G

How Nykaa went from investor darling to tech laggard

Hi, Vishwa and Abhinav, this is because the holding period for the new shares starts from the day of their allotment and not from the day of purchase of the original share, so you'll have to hold the new shares for another year before you get the benefits of long-term capital gains. And you can't offset the losses arising from the sale of the original share against the short-term gains from the sale of the new shares. It's a taxation flaw that needs fixing. You can also read this explainer: https://www.thehindubusinessline.com/portfolio/personal-finance/when-bonus-issue-becomes-a-tax-issue/article66184802.ece

Seetharaman G

Stories by Seetharaman G