BusinessPhoto: Mint MarketsSBI Research Urges Tax Reforms to Curb FII Selling in Indian Stocks
SBI Research recommends that the government extend the holding period for equity investments to 2-3 years and abolish long-term capital gains tax (LTCG) to anchor hot money flows and reduce foreign institutional investors (FIIs) selling in the Indian stock market. They also suggest reconsidering securities transaction tax (STT) policies to stabilize equity markets.
Mint Markets·

