Finance3 sources
Sebi Proposes Removal of LTCG Tax for Foreign Investors in India
- Sebi has recommended removing long-term capital gains tax for foreign investors in India.
- The proposal was submitted ahead of the annual Union Budget in February.
- The recommendation is advisory; the final decision rests with the government.
- The proposal aims to revive India's equity markets, which have underperformed compared to other emerging markets.
- The proposal was reported by multiple sources including Reuters, Investing.com, and The Times of India.
Articles (7)
The Times of India·
LTCG tax relief on cards? Sebi wants tax scrapped for foreign investors
Investing.com·
Sebi proposes LTCG tax relief for FPIs: What it means for Indian markets
Sebi backs LTCG tax relief: What Shankar Sharma, Samir Arora said earlier
Sebi backs removal of long-term capital gains tax for foreign investors
Sebi backs removal of LTCG tax for foreign investors: Report
EXCLUSIVE: India markets regulator backs removal of long-term capital gains tax for foreign investors, sources say
Reuters·
EXCLUSIVE: India markets regulator backs removal of long-term capital gains tax for foreign investors, sources say