BusinessPhoto: Mint MarketsNilesh Shah Says Easing Tax Burden May Attract Foreign Flows
Nilesh Shah, Managing Director of Kotak Mahindra AMC, stated that easing the double tax burden of securities transaction tax (STT) and capital gains tax could help attract foreign investment flows. However, he cautioned that this measure alone would not be sufficient. The finance minister's recent remarks have raised hopes for a better balance between these taxes.
Mint Markets·



