LTCG tax relief on cards? Sebi wants tax scrapped for foreign investors
The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which have been performing below the level of their emerging market counterparts.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
