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Wipro buyback at Rs 250 could reshape your 2026 tax bill with one key change

Business
Published on 30 April 2026
Wipro buyback at Rs 250 could reshape your 2026 tax bill with one key change

From April 2026, buyback payouts get treated like capital gains

Wipro plans a share buyback at Rs 250 per share, pricing above the current market level. The bigger surprise is the timing: from April 1, 2026, buyback proceeds will be treated as capital gains under new tax rules. That shift can make tendering shares more tax-efficient than selling in the open market for both promoters and non-promoters.

  • Wipro buyback is priced at Rs 250 per share
  • It offers a premium over the market price
  • New rules from April 1, 2026 treat buyback payouts as capital gains
  • Tendering may be more tax-efficient than open-market selling
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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