If the signatories are residents, the tax office, some feel, may question the tax status of the funds offered under the treaties that India has signed with key jurisdictions like Mauritius and Singapore.
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it
US equity funds are undergoing reversion to the mean. Europe and Japan equity funds are attracting more inflows while the interest in emerging markets persists.
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