Chief Economic Adviser Dr. V. Anantha ‌Nageswaran stated on Friday that the case for changes to capital gains taxes on equities is weaker than for bonds.

India

Who

Chief Economic Adviser Dr. V. Anantha ‌Nageswaran, PM Modi-led government, foreign institutional investors (FIIs), Bank for International Settlements (BIS)

What

When

Sat, 13 Jun 2026 07:11:37 GMT · 2h 37m ago

Where

India ·

Why

The government aims to attract dollar inflow and long-term, patient capital by removing capital gains tax on government securities for FIIs.

The Frontline Impact

How this affects you

This statement signals a potential pause in direct equity market tax reforms, suggesting the Indian government's focus is currently on attracting foreign investment into government securities rather than immediate changes to stock market taxation. It may influence foreign investor sentiment regarding India's bond market versus its equity market.

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Verified Sources & Citations

Business Today
https://www.businesstoday.in/markets/story/cea-nageswaran-capital-gains-taxes-on-stocks-equities-income-tax-latest-news-536708-2026-06-13
HIGH

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