LTCG tax relief on the cards? SEBI wants long-term capital gains tax to be removed for foreign investors
Indian equities have underperformed other emerging markets over the past two years. The buzz around removal of long-term capital gains (LTCG) tax on equities is gaining traction, with the market regulator also urging the government to scrap it. The Securities and Exchange Board of India (SEBI) has reportedly requested the government to consider scrapping LTCG…