Wipro and Bajaj Auto announce share buybacks: Why are companies doing it now and what changed in Budget 2026?

3 hours ago 1

From 1 April, the gains from a share buyback are taxed by applying capital gains tax provisions, making buybacks taxpayer-friendly. Earlier, the entire proceeds were taxed as dividends at slab rates.

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Wipro and Bajaj Auto announce share buybacks: Why are companies doing it now and what changed in Budget 2026?

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