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via livemint.comPolitics

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
  1. 01Sebi is considering scrapping the 12.5% long-term capital gains tax for FPIs.
  2. 02The proposal concerns taxation of gains from selling shares and other financial assets.
  3. 03The article explains how investors could benefit.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.