New Direct Taxes Code and a Stock Market Selling off….What’s the Connection ?

Right from August 12,2009 when our FM,Pranab Mukherjee released the New Direct Taxes Code for Discussion,there has been developing apprehension on increased taxation on Capital Gains I’ve been warning Clients about the  Market Selling off towards 2011 as Investors book Gains,both short and long term, to take advantage of lower tax rate and tax exemption respectively……and today …

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