“With GDP per capita only $2.5k per capita (vs. $12.7k for China) and positive demographic trends, India is arguably at the start of a long wave boom at the same time as China may be ending one,” said Morgan Stanley’s equity strategists, including Jonathan F Garner, in a note to clients.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount
July 27, 2024