India’s Finance Minister Nirmala Sitharaman has announced a significant tax holiday for foreign companies establishing data centers in India until 2047. This move aims to attract global investment and boost economic growth. The budget also focuses on fiscal consolidation and increased government spending on infrastructure. However, proposed changes to stock transaction tax and buyback taxation have raised concerns among investors.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,