SEBI proposes scrapping long-term capital gains tax for foreign investors
By United One News · AI-generated summary of 5 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
Market regulator SEBI proposed removing long-term capital gains tax for foreign investors and sought relief for mutual fund investors to boost India's investment appeal.
- The recommendations were submitted ahead of the Union Budget scheduled to be presented in February.
- The proposals aim to improve India's investment appeal as foreign investors withdraw funds and domestic equity returns remain subdued.
- The proposals are not binding, and the final decision regarding the tax changes rests with the government.
Covered by 5 outlets across the spectrum: 40% left, 60% center, 0% right.
How each side framed it
SEBI seeks LTCG tax relief for FPIs, mutual funds as equity outflows mount
SEBI proposes scrapping LTCG tax on foreign investors, seeks relief for mutual fund investors
Right-leaning outlets have under-covered this story. Of 5 outlets, only 0 are on the right of the spectrum.
Timeline
First to report: The Hindu BusinessLine (); 5 articles from 5 outlets so far.
Who is covering this story
- Left-leaning (2): The Federal, NDTV
- Center (3): The Hindu BusinessLine, Business Today, Deccan Herald
Sources
- SEBI proposes scrapping LTCG tax on foreign investors, seeks relief for mutual fund investors — The Hindu BusinessLine (center) ·
- Sebi backs removal of long-term capital gains tax for foreign investors: Report — Business Today (center) ·
- SEBI seeks LTCG tax relief for FPIs, mutual funds as equity outflows mount — The Federal (left-leaning) ·
- SEBI Flags High Transaction Costs In Market, Suggests Scrapping Of 12.5% LTCG Tax For FPIs — NDTV (left-leaning) ·
- Sebi backs scrapping LTCG tax for foreigners — Deccan Herald (center) ·