Banner Year of Share Buybacks in India Runs Into Tax Roadblock
A stop sign is displayed on the barrier of a railway crossing as a train travels past a railway station in India. (Photographer: Dhiraj Singh/Bloomberg)

Banner Year of Share Buybacks in India Runs Into Tax Roadblock

(Bloomberg) -- The decision by India’s government to impose a tax on stock buybacks puts the brakes on what could have been another great year for share repurchases.
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