India's decision to take away long term tax benefits for debt mutual funds is likely to weaken demand for longer duration corporate bonds, eventually leading to higher costs of raising funds, mutual fund investors said on Monday.
MUMBAI (Reuters) - India's decision to take away long term tax benefits for debt mutual funds is likely to weaken demand for longer duration corporate bonds, eventually leading to higher costs of raising funds, mutual fund investors said on Monday. | 05:48am
India's decision to take away long term tax benefits for debt mutual funds is likely to weaken demand for longer duration corporate bonds, eventually leading to higher costs of raising funds, mutual fund investors said on Monday.
The country amended a bill last week to tax investments in debt mutual funds ..
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Noting the "increasing incidents of outright discrimination against Christians", the Constitutional Conduct Group said the Union government is doing little to protect religious minorities.