India Bond Lending Plan Said to be Stalled by Tax Uncertainties
Market Intelligence Analysis
AI-PoweredIndia's plan to deepen its debt market through bond lending and borrowing remains stalled due to tax uncertainties, hindering the country's efforts to access a $1.3 trillion debt market.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
India’s plan to allow lending and borrowing of sovereign bonds remains stalled by uncertainty on how taxes will be applied, despite infrastructure being in place for more than 18 months, according to people familiar with the matter, complicating an effort to deepen the nation’s $1.3 trillion debt market.
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