SEBI Recommends Tax Relief for Equity Investors
India market regulators recommend tax relief for foreign and domestic investors. Benchmark stock indexes struggle amid calls for reforms to improve post-tax returns.
Insights:
India's markets regulator has recommended tax relief for foreign and domestic mutual fund investors, addressing weak post-tax returns. Benchmark indexes in the country have lagged behind Asian peers over a two-year window. Investor pressure is mounting as policymakers weigh changes ahead of the upcoming federal budget.
