Citibank Highlights Trade Agreements and Tax Impact on India Investments
K Balasubramanian, CEO of Citibank India, emphasized that long-term capital-gains tax significantly affects equity investments. He noted that trade agreements, especially UK-India and EU-India corridors, will positively impact direct investments. Citibank is identifying companies that could benefit and engaging clients, seeing opportunities in services, markets, and investment banking as multinationals raise capital in India.
Economic Times·




