#bonus-shares
Did LIC shares really crash 50% in one day? Here's how the bonus math works
LIC shares appeared to fall nearly 50% on Friday after adjusting for its first-ever 1:1 bonus issue, though the actual decline was only around 1.5%. The insurer issued one bonus share for every existing share held by eligible shareholders, with May 29 fixed a…
LIC shares trade at ₹412.70 as bonus issue takes effect
The previous close stood at ₹830.00, with the stock opening at ₹417.60 and touching an intraday high of ₹421.45 and low of ₹411.45 by 10.04 AM
Dividends, bonus shares and buybacks taxation in India: Rules, rates and reporting process explained
Income from the stock market is taxed based on its type: dividends are taxed as income, and bonus shares are taxed differently upon sale. Here are the tax rules for dividends, bonus shares, and buybacks.