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Taxation increase on the rich through taxation on buybacks and surcharge will harm growth: Abhimanyu Sofat

| July 30 2019 12 : 40 IST | Forbes India

"Taxation increase on the rich through taxation on buybacks and surcharges will indirectly lead to lower velocity of money, thereby harming growth," says Abhimanyu Sofat, head of research at IIFL Securities

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