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SBI Research urges govt to scrap LTCG tax on equities to attract foreign investors

SBI Research urges govt to scrap LTCG tax on equities to attract foreign investors

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SBI Research has urged the government to scrap long-term capital gains (LTCG) tax on equities and extend holding periods to two or three years to attract foreign investment. The proposals come amid heavy FPI outflows and pressure on the Indian rupee.

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