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2024

Market has matured; won't be badly damaged by slight rise in capital gains tax: Porinju Veliyath

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Market expert Porinju Veliyath highlights market resilience to the capital gain tax increase, stressing growth-focused investments. The budget's emphasis on digital infrastructure supports growth. Investors should remember only capital gains are taxed, he said and said agriculture investments will address rural stress and help job creation. Veliyath called the budget a non-event for markets.



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