FPI taxation and capital flows should not be mixed
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.
Sebi has proposed scrapping LTCG tax on foreign investors' equity gains and offering tax relief to domestic mutual fund investors who switch between schemes
Sebi has backed a proposal to remove long-term capital gains tax for foreign investors. But what is LTCG tax, which investments does it apply to, and how is it calculated? Here's all you need to know
From a temporary exemption in 2003 to a tax-free regime in 2004, its eventual return in 2018, and now fresh calls for reform, India's equity LTCG policy has undergone several significant changes
Market investors have long called LTCG tax a 'major policy mistake' and urged the government to scrap the levy to attract foreign capital into India
The recommendations, which come months before the annual federal budget in February, are not binding and a final call rests with the government
Today's editorials and columns examine foreign portfolio outflows, municipal governance, capital-gains taxation, RBI liquidity management and a book exploring the science of brain health
Shankar Sharma has called for lower taxes on fixed-income investments to incentivise them over equity investments.
A sharp 1-2 day market rally that an LTCG cut would trigger may actually be used to offload positions, Bernstein said in an October 19 note.
The government told the Lok Sabha there is no proposal to abolish the long-term capital gains tax on equities and said tax rates are reviewed during the annual Budget process
The finance ministry said capital gains tax rates and other tax policies are periodically reassessed during the annual Budget exercise and through legislative changes, based on prevailing macroeconomi
From risk capital taxation and Uttar Pradesh's caste churn to political defections and fractured consumer markets, today's BS Opinion page maps power, money and strategy
Why has India made government bonds virtually tax-free for foreign investors? In this video, we explain the Centre's latest tax amendment that removes taxes on interest income
FIIs are subjected to a 12.5 per cent LTCG on listed shares and bonds held for over 12-months, and a 20 per cent withholding tax on interest from government bonds
The key message from the Budget is clear: fiscal consolidation will continue alongside growth, supported by responsible financial management
New tax rules mean steeper bills and bigger TDS for NRIs selling property. Experts break down what's changed and how to plan smarter.
Exemption to IREDA bonds redeemable after five years and issued on or after July 9
'The higher cost inflation index helps cushion sellers from rising prices, lowering their taxable gains,' say experts, making long-term property sales more tax-friendly.
Govt likely to fix key omission regarding AMT