How is the tax bill going to affect the Indian share market?

 The Indian share market is likely to be affected by the new tax bill in several ways. Firstly, the changes in capital gains tax could influence investor behavior. Higher taxes on short-term gains might discourage frequent trading and encourage a more long-term investment approach.

Secondly, any alterations to corporate tax rates could impact company profits and, consequently, stock prices. Thirdly, the tax bill's provisions related to foreign investment could affect the inflow of overseas funds into the Indian market.

Lastly, the overall sentiment and confidence of investors, which can be influenced by the perceived fairness and efficiency of the tax system, can also play a role in market movements. It's important to note that the exact nature and extent of these effects will depend on the specific details of the tax bill and how investors interpret and react to them.