LTCG tax relief on the cards? SEBI wants long-term capital gains tax to be removed for foreign investors
⟶ The Securities and Exchange Board of India (SEBI) has proposed the removal of long-term capital gains (LTCG) tax for foreign investors. This suggestion was made to the government.
Why it matters
This proposal aims to attract more foreign investment into the Indian market. Removing the LTCG tax could make India a more appealing destination for global capital.