A reduction in LTCG tax would be desirable for a capital-starved economy but would not, by itself, trigger sustained foreign institutional investor (FII) inflows, said Venugopal Garre of Bernstein.
Foreign investors are subject to a 12.5% LTCG gains tax on listed shares and bonds held for more than 12 months, and a 20% withholding tax on interest earned from govt bonds
The South Asian nation is looking to attract foreign capital to counteract pressure on its rupee currency, which has weakened more than 5 per cent since the start of the year
Explainer on capital gains tax across equities, gold, property and mutual funds, covering LTCG, STCG rates, exemptions, loss set-offs and return filing tips
Finance Bill 2026 shifts share buyback proceeds to capital gains tax from April 2026, easing the burden for many investors, while tightening tax rules for SGB buyers
CBDT raises Cost Inflation Index to 376 for FY26, offering tax relief on capital gains for assets bought before July 23 2024. New rules reduce indexation scope under Finance Act 2024
Tax relief should target pre-packaged term and health policies, ensuring availability to seniors and those with impaired health, thereby reducing their costs
Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget
The ace fund manager was reacting on 'X' to a Business Standard story that quotes a Reserve Bank of India (RBI) data on gross FDI flows into the country in FY24
