if stock is added to index, all etfs and index funds need to add these stocks in their portfolio. In this case MSCI is from out of India, so more $$ flowing in these stocks.
MUMBAI: Consider this. If a company defers an employee’s salary or a vendor’s payment, say by six months, tax is applicable on such salaries or payments under current taxation laws, tax experts said, since it is a promise of income in future.