24-07-2024 10:48 AM | Source: PR Agency
Quote on Budget Reactions by Vaibhav Shah, Fund Manager, Torus Oro PMS

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Below the Quote on Budget Reactions by Vaibhav Shah, Fund Manager, Torus Oro PMS

 

Post Economic Survey released yesterday with a specific mention of the rise in speculation and capital market activity, there was nervousness among players that capital gains may be rejigged. The latest annoucement with respect to increase of capital gains rate is negative as it has caught everyone by surprise. Also from a stable regime now we are witnessing changes to the regime which raises further doubts on the continuity of rate regime

 

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