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

Jul 08 2019, 8:37 AMJul 08 2019, 11:27 AMJuly 08 2019, 8:37 AMJuly 08 2019, 11:27 AM

(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.