SEBI recommends removing long-term capital gains tax for foreign investors
- SEBI has reportedly recommended removing the long-term capital gains LTCG tax on foreign investors.
- Foreign investors currently pay 12.5% tax on long-term gains from securities held for over a year.
- • The proposal aims to attract foreign investment after record $31 billion stock market outflows in 2026.
- SEBI also proposed tax relief on mutual fund switches; the recommendations are non-binding and await government approval.
Source: moneycontrol.com
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