FII tax issues, surcharge spook markets; Sensex plunges 291 points
In a volatile trade, the gauge recorded its second biggest loss this month after February 21 when it tumbled 317 points.
Five reasons why markets tanked nearly 300 points
Indian markets experienced their worst fall in the year 2013 and fell to their three-month low after FM’s budget proposals like higher taxes.
Did lack of clarity on TRC led to market fall?
Budget says if a foreign investor or a NRI wishes to avail tax treaty benefits, then merely the possession of a TRC is not sufficient anymore.
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