Sebi considers scrapping 12.5% LTCG tax for foreign portfolio investors
FROM THE WIRE · LIVEMINT.COM
The proposal has brought the taxation of investment profits into focus, particularly the rules governing gains earned from selling shares and other financial assets.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA possible cut in capital gains tax could attract flows into India.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Sebi is considering scrapping the 12.5% long-term capital gains tax for FPIs.
- 02The proposal concerns taxation of gains from selling shares and other financial assets.
- 03The article explains how investors could benefit.