FM Sitharaman Ready to Hear Out Stock Market Tax Debate
She said the tax debate is healthy as markets watched for any budget signal on changes to investor levies.
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9 Articles
The Economic Times
Times of IndiaFM Sitharaman ready to hear out stock market tax debate
Finance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She mentioned that changes to these taxes are highly anticipated ahead of the Union Budget. Additionally, Sitharaman noted that the Reserve Bank of India is working to manage rupee volatility through specific measures. She emphasized the importance of maintaining strong economic fundamentals during these discussion…
One of the major reasons why foreign investors (FPIs) are continuously pulling out of Indian stock markets is that the central government will seek investors' views on the abolition of long-term capital gains tax (LTCG) imposed on investors in the budget deliberations for next year, the central government has said.
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