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John De Little

@delittledesigns

a year ago

29

5

Posted On: August 4th 2025, 07:37 pm

Comments (5)

jane__gates

a year ago

jane__gates

So beautiful John very delicate 👏👏👏👏👏

nicky.de.little

a year ago

nicky.de.little

Lucky lady 😍

nicky.de.little

a year ago

nicky.de.little

This looks amazing John 👏👏👏😍. Is it for sale? Please?

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SEBI has just proposed removing LTCG tax on two items, which is great news for the market:

1/ Removing LTCG on Foreign Investors investing in Indian to attract foreign capital

2/ Removing LTCG on mutual fund investors when they sell from one mutual fund and switch over to another - which is done not because they have put in new capital, but because the existing fund was probably not serving its purpose

These are both proposals from SEBI, and for them to come into effect... they will have to become part of the Finance Act...

The Govt, if they approve such a proposal, can wait till the Budget to announce this for it to be applicable from 1st April 2027...

Or through a special amendment they can act faster on it too...

If this happens, imagine foreign investors who used to pay Rs 12.5 tax on every Rs 100 of gain... would take back Rs 100 instead of Rs 87.5, which will make Indian markets attractive for them for long term investing.

This proposal has been reported on by Reuters today. Let’s hope the Finance Minister takes it into quick consideration

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