SEBI Backs LTCG Tax Relief, But Experts Doubt It Will Stop FII Outflows
SEBI has proposed LTCG tax relief for foreign investors, but experts say it is unlikely to reverse FII outflows by itself. Lower tax lifts post-tax returns, yet earnings growth, valuations and rupee stability drive foreign money far more. KEY TAKEAWAYS SEBI wants the 12.5% long-term capital gains tax scrapped for foreign portfolio investors. The proposal […]
