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Why the impact of corporate tax rate cuts may be smaller than what the stock market believed

Updated : October 08, 2019 12:11 PM IST

The equity research analysts and strategists were also caught off guard by the finance minister's move.
The investors realise that the benefit of tax cuts is much smaller and narrower than what appeared at first instance.
Why the impact of corporate tax rate cuts may be smaller than what the stock market believed
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