Indian Government introduces Tobin Tax
« Thread started on: Oct 25th, 2004, 08:34am »
Hi All,
In a ground breaking precedent, the new Indian governments' first budget has introduced a 'tobin style' transaction tax on bond and stock trades (not currency) to raise funds for social spending. If you want to read more about Mr Chidambaram's budget. http://www.debtonnet.com/research/budget/Budget_highlights200405.htm
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