How higher taxes in the budget have spooked the stock market – some 30 billion dollars in market value have been erased from the Sensex after the announcement of a higher surcharge on the very rich, which apparently also applies to trusts, something many foreign funds use to make investments.
Left, Right & Centre | Markets Spooked After Budget: Will Higher Taxes Hurt Investment?
Left, Right & Centre | Markets Spooked After Budget: Will Higher Taxes Hurt Investment?
How higher taxes in the budget have spooked the stock market - some 30 billion dollars in market value have been erased from the Sensex after the announcement of a higher surcharge on the very rich, which apparently also applies to trusts, something many foreign funds use to make investments.
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