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India to Consider Equity Gains Tax Concerns, Sitharaman Says

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India to Consider Equity Gains Tax Concerns, Sitharaman Says India’s Finance Minister Nirmala Sitharaman said she’ll consider tax changes on stocks as a prolonged equity-market slump intensifies pressure on policymakers to revive investor confidence. The debate over taxes on equity gains has grown as the market selloff deepened. Sitharaman said she recognized the “sensitivity” and “anxiety” among retail investors, while noting that similar tax rates were in place when India attracted strong...

India to Consider Equity Gains Tax Concerns, Sitharaman Says India’s Finance Minister Nirmala Sitharaman said she’ll consider tax changes on stocks as a prolonged equity-market slump intensifies pressure on policymakers to revive investor confidence. The debate over taxes on equity gains has grown as the market selloff deepened. Sitharaman said she recognized the “sensitivity” and “anxiety” among retail investors, while noting that similar tax rates were in place when India attracted strong capital inflows in 2023 and 2024.
India (LOCATION) Sitharaman (ORG) Nirmala Sitharaman (PERSON)
Originally published by Bloomberg Markets Read original →