MeridStreet Open terminal →
MARKET MOVES

Sebi backs removal of LTCG tax for foreign investors: Report

·Economic Times·Impact 3/5 · Notable
MeridStreet AI summary

The Securities and Exchange Board of India, or Sebi, has proposed removing long-term capital gains tax for foreign investors. This move aims to make India's equity market more attractive to foreign investors, who currently face high capital gains taxes and transaction costs. If implemented, this change could boost foreign investment in India, potentially benefiting the Sensex and other Indian indices. This proposal is part of a broader effort to improve the country's investment climate and increase foreign participation in the market.

Source reporting

Read the source report: Economic Times →

MeridStreet analysis

Why it matters

India's regulator is signalling easier capital access and stronger market confidence. That could lift investor sentiment and pull in foreign capital.

Market impact

Impact score
3 / 5
Market signal
Positive / risk-on
Category
Market moves
Model confidence
70%

Markets & countries in focus

India

Transmission channels

Regulatory easing→Foreign capital inflows→Higher risk appetite→Indian equities rise→Tax revenue falls

Likely winners & losers

Winners

  • Indian equities
  • Foreign investors

Under pressure

  • Tax authorities

Explore the intelligence

Live news feed
Real-time global markets, trade & geopolitics
All stories
Every tracked story cluster
Global macro
GDP, inflation & policy rates across major economies
Open the live MeridStreet terminal →

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.