Singh admonishes changes in investors taxes

Note: This section contains information in English only.
Source: Bloomberg
India should avoid changes in taxation of foreign investors, said a key adviser to Prime Minister Manmohan Singh. The nation sets up the rule to liquidate tax avoidance, and this announcement should be interpreted as a welcoming step for investment not as a doubt in investor`s honesty. The BSE India Sensitive Index fell 0.4% today in Mumbai, while the Rupee declined 0.9%.
Back to articles

Actual Topics

Fri, 06 Jul 2012 14:42:00 GMT

Expectations for further increase of Philippine stocks

PASHR Philippines stocks are expected to increase by 25% in 2012 as reported by Jonathan Garner, chief strategist of Morgan Stanley. The Philippine Stock Exchange Index rose by 23% this year becoming one of the five top scorers, as the local administration is implementing reforms to decrease the current budget deficit.

Fri, 06 Jul 2012 14:05:43 GMT

Samsung shares drop

Samsung's shares decreased by 2% as the company's sales were lower than expected. ECB's decision to diminish the interest rate and the downgrade of loan yields in China, led the international demand for electronics to go down. As the biggest operating market for Samsung is Asia, the decline in the Asia-Pacific stocks led to the company's shares descent.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.