Budget delivers a last-minute blow to debt investors3 min read 24 Mar 2023, 04:08 PM IST
By stripping debt mutual funds of their tax benefit, the government has made it harder for a India to develop a thriving bond market
Parliament has dealt a blow to India's growing debt market. While passing the budget, it has brought in an amendment to the Finance Bill that strips debt mutual funds of a tax benefit they have enjoyed.
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