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Aditya Shah calls for complete removal of LTCG for foreign investors amid FPI outflows
Aditya Shah of Hercules Advisors urges India to abolish its long-term capital gains tax on equities for foreign investors, arguing it deters crucial portfolio inflows. He contends that removing the tax is the only credible signal to attract foreign capital, which is vital for lowering the cost of capital and deepening markets.
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hindustantimes.com
Govt open to stakeholder views on reducing capital gains tax on stock investments: Finance minister
Foreign portfolio investors have been fleeing Indian markets, driven by higher capital gains taxes, a weaker rupee, and shifting global allocations. | Business News
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economictimes.indiatimes.com
Aditya Shah calls for complete removal of LTCG for foreign investors amid FPI outflows
Aditya Shah of Hercules Advisors urges India to abolish its long-term capital gains tax on equities for foreign investors, arguing it deters crucial portfolio inflows. He contends…
