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SBI economists call for scrapping LTCG tax on equities

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: SBI economists call for scrapping LTCG tax on equities
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Market & Financial Impact: SBI economists are advocating for the elimination of long-term capital gains tax to stimulate sustained investment in Indian equity markets. This proposal arises amid substantial foreign portfolio investor withdrawals exceeding Rs 3 lakh crore this year, prompting concerns. Furthermore, the lack of AI-focused stocks is contributing to these market exits.
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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