India’s services tax reform “negative for all wealth managers”

3 July 2017 | 4 minutes read

Banks and their high net worth clients will feel the pinch of India’s new Goods and Services Tax (GST) regime, which was ushered in over the weekend, according to the CEO of a domestic wealth manager, although not all banks agree. In a move hailed as the biggest reform to India’s tax landscape since the nation’s independence 70 years ago,…

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