Removal of tax on dividends in Budget 2021 could cheer retail investors
Removal of tax on dividends could be the biggest welcome step for the Indian equities which would boost the system with long-term consistent inflows & reboot the market sentiment, Sacchitanand Uttekar, Tradebulls Securities said. The year 2021 may not have a constant trend but it would certainly have opportunities arising on both sides due to the overbought nature of the market.
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