From Livemint
Center-Right Owned by HT Media Ltd.Tax relief in the offing? Sebi moots scrapping 12.5% LTCG tax for FPIs: What it means and how investors stand to gain
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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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.
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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…
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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 proposal has brought the taxation of investment profits into focus, particularly the rules governing gains earned from selling shares and other financial assets.