| Round Table Conference on Direct Tax Code & Implications for Capital Markets |
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At the request of Ministry of Finance, NISM had organized a round table conference on Direct Tax Code on September 25, 2009 at Sahara Star, Santacruz, Mumbai. The basic idea of the conference was to provide a well rounded perspective for various issues related to capital markets under the direct tax code.
Eminent individuals from CII, FICCI, ASSOCHAM, BCCI, IMC, AMFI, WIRC-ICAI, BSA, BSE, NSE, MCX and several other organizations were present in the conference. The conference was inaugurated by Dr. K. P. Krishnan, Joint Secretary, Ministry of Finance and Arbind Modi, Joint Secretary, Ministry of Finance, CBDT. The speakers were representatives from Chambers of Commerce, Industry Associations, Tax Expert and Stakeholders (Issuers/Investors/Intermediaries).The topics that were discussed were Mutual funds, Stock Exchanges: Capital Gains & Transaction Tax, Dividend Distribution Tax, Incentives for Capital formation, Corporate Restructuring, Private Equity, Venture Funds, Pension Funds, Pass through status, EET, Tax Rates, MAT, Incentives & Others, Retail Investors perspective. The concluding session was delivered by Mr. B. K. Sabharwal, ANMI and Mr. C. K. G Nair, Ministry of Finance. |