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Govt to Consider Review of Long-Term Capital Gains Tax

Finance Minister Nirmala Sitharaman said the government will consider calls to review long-term capital gains tax for overseas investors. She said circumstances have changed, so concerns are now louder. Reports say the government has received suggestions to review these levies. No decision has been announced yet.

Context

Context: Long-term capital gains tax is charged on profits from selling assets held for a long time, such as shares. Foreign investors put money into Indian markets, so changes to this tax can affect how much they invest.

Economic Times
Burning Potato score: 67%

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