Foreign portfolio investors face renewed calls for long-term capital gains (LTCG) tax relief as concerns persist about their participation in India’s equity markets. In separate coverage, Edelweiss executives urge India to remove or reduce LTCG charges on listed equities held for more than a year, arguing that easing taxes and reducing complexity could improve foreign inflows.

Bloomberg reports Edelweiss Financial Services Chairman Rashesh Shah says India should present a clearer, less paperwork-heavy tax regime to attract overseas investors and encourage longer-term allocation. Another report notes Finance Minister Nirmala Sitharaman has said she is open to reviewing stock market taxation, though no specific proposal is confirmed.

A separate report, citing Reuters sources, says India’s securities regulator SEBI has reportedly suggested LTCG tax relief for eligible foreign investors that reinvest sale proceeds into new Indian securities. The arrangement would be subject to undisclosed conditions, and neither SEBI nor the government has officially confirmed it. Coverage also contrasts India’s current LTCG rate of 12.5% (with context on the prior rate) and compares it with other financial centres’ general tax approaches.