LTCG Frenzy On Dalal Street, Are Tax Cuts The Antidote For FII Selling? | Editors' Playbook

Finance Minister Nirmala Sitharaman while speaking at an event earlier this week said, "It is healthy to have a debate on taxation...I am keen to hear the views on LTCG and STT." These words from her have once again sparked frenzied speculation on Dalal Street about a potential cut in taxes, ostensibly to turn around FII sentiment and lift the stock markets.On this week's edition of the Editors' Playbook, we discuss whether Tax Cuts are the antidote FIIs are looking for.Finance Minister Nirmala Sitharaman while speaking at an event earlier this week said, "It is healthy to have a debate on taxation...I am keen to hear the views on LTCG and STT." These words from her have once again sparked frenzied speculation on Dalal Street about a potential cut in taxes, ostensibly to turn around FII sentiment and lift the stock markets.On this week's edition of the Editors' Playbook, we discuss whether Tax Cuts are the antidote FIIs are looking for.