SEBI wants LTCG tax to be removed for foreign investors: Report
The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which have been performing…
The recommendations have been submitted ahead of the annual Union Budget scheduled for February.
However, they are advisory in nature, and the final decision on whether to accept them rests with the government.
The proposal comes as authorities look for ways to revive India's equity markets, which have been performing below the level of their emerging market counterparts.
This detailed Markets briefing is published on the UCO Bank SC/ST and OBC Employee's Council website so members can read the complete update without leaving the council portal.
Key focus areas include regulatory direction, banking operations, credit conditions, customer service, compliance readiness, and market developments connected with "SEBI wants LTCG tax to be removed for foreign investors: Report".
For council members and office bearers, the practical takeaway is to track how this update may affect branch workflows, zone-level coordination, employee representation, and member support requirements.
The council news desk recommends reviewing related circulars, service rules, and grievance channels where the development has service or welfare implications for SC, ST, and OBC employees.
Source attribution: Times of India – Business.
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Full detailed coverage is shown on the council website above. Source attribution: Times of India – Business.
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