From The Times of India
Center Owned by Bennett, Coleman & Co.SEBI wants LTCG tax to be removed for foreign investors: Report
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
-
left · 2 outlets
SEBI wants foreign investors exempted from the 12.5% LTCG tax and has proposed tax relief for domestic mutual fund investors. Here's why the regulator has made these recommendations and what they could mean for Indian markets.
-
center · 4 outlets
The Securities and Exchange Board of India (SEBI) has recommended removing long-term capital gains (LTCG) tax on foreign investors and proposed tax relief for domestic mutual fund investors, as the regulator seeks to improve the attractiveness of Indian equity markets and encourage investment…
-
right · 5 outlets
The proposals seek to improve India’s investment appeal as foreign investors pull out funds and domestic equity returns remain subdued
RSS excerpt
The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which…