The few negatives would include the fact that dividend distribution tax (DDT) has not been completely abolished, but has been passed on to the investors. As a result, investors will be left with less money in their pocket. The second is that the I-T structure for individuals has become more complicated. Withdrawing exemptions from corporates is understandable to a certain extent, but individuals should be spared from such things. Most individuals will not understand all the complexities and may end up doing the wrong thing.
With Saturday’s fall of around 1,000 points on the S&P BSE Sensex, the markets, I believe, are factoring in most negatives. While they will start focusing on the global developments, they should recover a bit going forward. For those who wish to invest from a medium-to-long term, the fall presents a good opportunity to buy.