Sebi backs removal of LTCG tax for foreign investors: Report
Economic Times
What the coverage says
India's capital markets regulator has reportedly recommended eliminating long-term capital gains tax for foreign investors to encourage greater participation from abroad, according to coverage from the Economic Times. The Economic Times also noted that the agency's proposal includes broader tax relief measures aimed at mutual fund investors. Mint added that this proposed mutual fund relief specifically covers individuals who sell current holdings in order to roll those funds into new investments.
Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.
Timeline
- Economic Times first reported it
- Mint reported it
- Times of India reported it
- Latest update
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