'AI-trade' bust will aid India only partially; don’t tweak LTCG, says Madhavi Arora of Emkay Global
60-Word AI Digest
A calibrated reduction in STT, particularly for cash-market transactions, would lower friction, improve market liquidity and send a useful signal to global investors, without reopening the entire capital gains framework, says Arora.
Key Takeaways
- 'AI-trade' bust will aid India only partially; don’t tweak LTCG, says Madhavi Arora of Emkay Global
- A calibrated reduction in STT, particularly for cash-market transactions, would lower friction, improve market liquidity and send a useful signal to global investors, without reopening the entire capital gains framework, says Arora.
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A calibrated reduction in STT, particularly for cash-market transactions, would lower friction, improve market liquidity and send a useful signal to global investors, without reopening the entire capital gains framework, says Arora.
Original Publisher Attribution
This summary was curated from Livemint.