HomeNewsBusinessMarketsGAAR pain to go on, but Fed statement may lift mood: Udayan

GAAR pain to go on, but Fed statement may lift mood: Udayan

Lack of clarity on the new GAAR rules was the reason why there was a lot of sentiment-led selling seen in the market yesterday, says CNBC-TV18's managing editor Udayan Mukherjee.

March 27, 2012 / 10:28 IST
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Moneycontrol Bureau


Lack of clarity on the new General Anti-Avoidance Rules (GAAR) rules was the reason why there was a lot of sentiment-led selling seen in the market yesterday. All this confusion on whether Mauritius should be under the double-tax avoidance treaty or not sullied the mood, says CNBC-TV18
first published: Mar 27, 2012 08:18 am

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