Experts and Investor Advocate LTCG and STCG Tax Cuts to Boost Indian Equity Investment
Market experts and veteran investor Vijay Kedia advocate for reducing or abolishing long-term capital gains (LTCG) and short-term capital gains (STCG) taxes on Indian equities to attract foreign investment and encourage patient capital. They argue that lower taxes would improve post-tax returns, enhance India's competitiveness against markets like Singapore and UAE, and reward long-term investors who contribute to economic growth. However, some caution that tax changes alone may not sustain foreign inflows without broader macroeconomic stability.