The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which have been performing below the level of their emerging market counterparts.
SEBI wants LTCG tax to be removed for foreign investors: Report
TI
Times of India - India NewsBy Smriti Jain
EXECUTIVE SUMMARY
The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which have been performing below the level of their emerging market counterparts.
Key Takeaways
- SEBI wants LTCG tax to be removed for foreign investors: Report.
- The recommendations have been submitted ahead of the annual Union Budget scheduled for February.
- However, they are advisory in nature, and the final decision on whether to accept them rests with the government.
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Published originally on Times of India - India News
