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India Should Scrap Equity Tax on Foreigners, Says Edelweiss Head
Source: Bloomberg
Tax & TariffsEmerging MarketsCurrency & FXMarket Technicals & Flows
Edelweiss Financial Services Chairman and Managing Director Rashesh Shah said India should consider eliminating capital gains tax on foreign investors to help revive the stock market. The proposal adds to calls for an exemption intended to attract inflows and support the rupee; no policy decision or market reaction was reported.
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