Sensex rose by 331 points (0.41%) to 81,879.73, while Nifty gained 96.35 points (0.39%) to close at 25,101.85, showing positive market momentum and investor confidence today.
Stock Market Live Updates: GIFT Nifty Signals Strong Start for Friday; Global Cues Positive as US, Asian Markets Rally
Stock Market Live Updates: Bonjour Amigos!
Here’s a fun fact to kickstart your final trading day of the week: Did you know there are countries where traders barely pay any taxes on their stock market earnings? Yep- while most of us are calculating how much Uncle Sam (or his global cousins) will take, traders in some corners of the world are keeping nearly every cent of their gains.
So, where are these magical, tax-light havens? Grab your coffee, refresh those charts, and let’s take a quick trip around the world to see where taxes don’t eat your profits. Ready? Let’s dive in.
No personal income tax
No capital gains tax on individuals
No dividend tax
Corporate taxes apply to some sectors (e.g. oil, foreign banks)
Residency may be required to benefit fully
No personal income tax
No capital gains tax on individuals
No wealth tax
French citizens are still taxed by France
High cost of living and strict residency requirements
Capital gains are tax-free for private (non-professional) investors
No tax on long-term stock investments if not classified as a trader
Dividends are usually taxed (15–35%)
“Professional traders” may be subject to capital gains tax
Tax rules may vary by canton (regional differences)
No capital gains tax for small or long-term holdings
General income tax is low (max 10%)
Tax exemption applies to small shareholders or long-term holdings
Tax applies if you hold a large stake or sell within 1 year
Requires Andorran residency to benefit
No personal income tax
No capital gains tax
No dividend tax
Must be a resident to benefit long-term
Indirect taxes like VAT or import duties may still apply
Now Let’s Look At The Market Updates!
Market Wrap-Up: Nifty Surges Above 25,100 as Sensex Hits Two-Month HighOn September 12, Indian stock markets ended positively, with the Nifty climbing above 25,100 and the Sensex rising by around 350 points to close near 81,905. This marked the eighth consecutive day of gains, the longest winning streak in a year. Key stocks like ICICI Bank and Reliance contributed significantly to the rally. The Nifty Bank index gained 140 points, closing at 54,809, while the Midcap index rose by 184 points to 58,227.Sector-wise, Capital Goods and PSU indices led the gains. However, FMCG was the biggest loser. Auto stocks mostly...
Sensex: 81,763.80
Up by 215.07 points (0.26%)
Nifty: 25,078.65
Up by 73.15 points (0.29%)
Tata Capital is set to launch an initial public offering (IPO) worth $2 billion in the first half of October. This move aims to raise significant capital for growth and expansion, marking one of the largest IPOs in the financial sector this year. Investors are eagerly watching this development.
Global markets are showing mixed signals today. In Asia, markets are mostly higher, with Japan’s Nikkei hitting a fresh record, and South Korea’s Kospi and China’s Shanghai markets also gaining.In India, GIFT Nifty points to a mildly positive start for the day.Over in the US, after a record-setting day on Wall Street, futures are slightly lower. The Dow made history by closing above 46,000 for the first time, jumping 600 points. The S&P 500 and Nasdaq also rose, aiming for their best week in a month.Inflation data showed US consumer prices rose 0.4% in August, higher than expected, with annual...