Sebi Proposes LTCG Tax Relief for Foreign Portfolio Investors
The Securities and Exchange Board of India (Sebi) has proposed removing the long-term capital gains (LTCG) tax for foreign portfolio investors (FPIs). This move aims to make Indian markets more attractive to foreign investors by easing tax burdens. The proposal also includes seeking relief for mutual funds, potentially boosting investment inflows and supporting market growth.
Business Standard·



