BusinessPhoto: LivemintSebi Recommends Removing 12.5% LTCG Tax on Foreign Investors Ahead of Budget 2027
Ahead of Budget 2027, Sebi has recommended the removal of the 12.5% long-term capital gains (LTCG) tax imposed on foreign portfolio investors (FPIs) in India. Finance Minister Nirmala Sitharaman has acknowledged concerns from foreign investors and stated she will consider their voices regarding tax changes. This move aims to provide relief to FPIs and potentially boost foreign investment in Indian equities.
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