Budget 2024: Stock Market Declines Following Government Increase In Capital Gains Taxes
23 Jul 2024
Indian stocks dropped when Finance Minister Nirmala Sitharaman proposed increases in capital gains taxes while delivering the Union Budget 2024. Following the announcement, the Sensex, Bombay Stock Exchange's 30-share index, plummeted by more than 1,000 points, dipping below the 80,000-mark. However, it managed to recover some of the losses shortly...
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