Budget 2019

Sensex slides 2% as budget proposals affect sentiment


“The budget says the surcharge levy is on all non-corporate entities; so FPIs and AIFs established as trusts will attract the surcharge. I do not think that was the intention, I am hoping the ministry would issue some clarifications," said Riaz Thingna, director of Grant Thornton Advisory Pvt. Ltd.

This article appeared in Live Mint on 09th June, 2019.