27-October-2026
Economy News
 
On FM table: Slashing capital gains tax rate, dollar-based taxation for foreign investors
26-Oct-2026

AS INVESTORS grapple with a flat stock market trajectory for more than two years now, discussions within the government in the run-up to Budget 2027-28 include lowering the long-term capital gains tax from 12.5% now for both domestic and foreign investors, and letting foreign investors pay this tax on capital gains made in dollar terms as opposed to in rupee terms, to boost market sentiments.

News Source:- https://www.financialexpress.com/policy/economy-on-fm-table-slashing-capital-gains-tax-rate-dollar-based-taxation-for-foreign-investors-4369421/?ref=economy_hp
 
 
 

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