The Constitutional Court has made its first ruling that the provision in the Income Tax Act allowing capital gains tax to be imposed on overseas derivatives trading does not violate the Constitution.

Derivatives are certainly having their day in the sun. Congress is considering new tax treatment for certain derivatives, including prepaid derivative contracts and exchange-traded notes (ETNs). The ...

Ottawa is proposing two measures in this year’s federal budget affecting the tax treatment of derivatives, sophisticated financial instruments whose value is derived from the value of an underlying ...

Capital market regulator SEBI is seeking major changes to the structure of equity trading in India, evidently driven by the government’s recent realisation that it may be losing chunks of tax revenues ...