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The faster we remove it, the better: ABSL AMC's Balasubramanian bats for scrapping LTCG tax on FIIs

in5points
  1. ABSL AMC's Balasubramanian advocates for scrapping the long-term capital gains (LTCG) tax on foreign institutional investors (FIIs).

  2. He argues that removing the LTCG tax would make India more attractive for investment by eliminating special additional tax burdens.

  3. Balasubramanian stated, 'The faster we remove it, the better,' regarding the LTCG tax on FIIs.

The faster we remove it, the better: ABSL AMC's Balasubramanian bats for scrapping LTCG tax on FIIs · in5points