FPIs, trading companies tap Sebi, centre for tax breather
Foreign investors and trading companies have approached the Securities and Exchange Board of India (Sebi) and the central government to request a reduction in securities transaction taxes. This move aims to alleviate the burden of double capital gains taxes, which can be costly for investors. A decrease in these taxes could make India a more attractive destination for foreign investment, potentially boosting the country's economy and stock market.
Read the source report: Economic Times
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