SEBI Proposes Scrapping LTCG Tax For Foreign Investors: Reports
The Securities and Exchange Board of India (SEBI) has recommended removing long-term capital gains (LTCG) tax on foreign equity investors and providing tax relief to domestic mutual fund investors ahead of the Union Budget in February 2027. As per a Reuters report, two sources said the proposals seek to improve India's attractiveness to investors amid weak stock market performance and sustained…
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