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Attractiveness of Indian equities for long term investors would continue to remain strong given the healthy domestic fundamentals and strong economic growth expected over the next few years.
The FM has proposed to increase short term capital gains tax to 20% from current level of 15%, while long term capital gains tax raised to 12.25% from 10% currently.
Revenue secretary Tarun Bajaj calls for an absolute review of the capital gains tax regime.
Mauritius last week got the ‘eligible country’ status from India. Investment entities from the island country can register with SEBI as category–1 FPIs with less stringent KYC requirements.
With Budget 2019 round the corner, here’s a look at the unique challenges and opportunities in the real estate sector.
