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Hefty taxes restrain HNWI attraction to Indian private debt

Indira Vergis
Wealth experts say Indian private debt is attracting more investors, particularly in light of distressed debt reforms, but heavy taxation is crimping more rapid market growth.
Hefty taxes restrain HNWI attraction to Indian private debt

India’s budding private debt market is growing in double digits and attracting the attention of high net worth individuals (HNWIs), in large part courtesy of bad debt reforms the country began implementing a year ago, say market experts.

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