0
   

Influence of interest rates in economy

 
 
Reply Fri 16 Aug, 2013 02:34 pm
Hi! I am out of field of finance, but I would like to make my self clear about a quote from a text regarding finances:

" The budget for the year had hit hard the Mutual Funds when the rate of taxation on dividends paid by debt-orientated Funds was raised from 11% to 22%. The dividends payable from Equity schemes were exempt. As a result the debt-oriented Funds were affected adversely and the result was a shift from debt schemes to equity schemes. Realizing the mistake.... bla bla bla"

So can anyone tell me what was the mistake ? and how raising the interest rate can be negative to the economy ?
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Question • Score: 0 • Views: 857 • Replies: 0
No top replies

 
 

Related Topics

Where is the US economy headed? - Discussion by au1929
Debt consolidation - Question by rogers
Shopping Around For Loans - Question by Brandon9000
What is greed? - Discussion by Robert Gentel
bonds series h - Question by allen russell
Naked Short Selling - Question by optimus cubed
HOW TO GET WEALTHY - Discussion by farmerman
 
  1. Forums
  2. » Influence of interest rates in economy
Copyright © 2022 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 06/30/2022 at 07:13:12