ABU DHABI/WAM The UAE’s Zayed Sustainability Prize, a pioneering global award that has transformed the ...
Read More »India removes tax benefit for $150b debt fund industry
BLOOMBERG India’s parliament removed a tax concession for debt funds, stirring concern in the mutual fund industry that the measure would turn away investors. Holders of some bond funds will no longer be able to apply a long-term capital gains tax rate, according to a finance bill amendment. Instead, they’ll have to pay based on their own income tax rate, ...
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