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41· Steady
Markets2h 16m ago
The case for changes to capital gains taxes on equities is weaker than for bonds, India's Chief Economic Adviser V. Anantha Nageswaran said on Friday.
NEW DELHI, India
Who
India's Chief Economic Adviser V. Anantha Nageswaran
What
The case for changes to capital gains taxes on equities is weaker than for bonds, India's Chief Economic Adviser V. Anantha Nageswaran said on Friday.
When
Fri, 12 Jun 2026 13:11:57 GMT · 2h 16m ago
Where
NEW DELHI, India ·
Why
This suggests the government sees less urgency for further tweaks to the tax regime for stocks, following recent exemptions for foreign institutional investors from capital gains tax on government securities.
The Frontline Impact
How this affects you
India's government indicates a stable equity tax regime, aiming to attract capital amidst foreign equity outflows and high oil prices, while monitoring a realistic economic growth projection of 6.6% for fiscal 2027.
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