ASSOCHAM urges tax cuts, LTCG reforms to boost FPI flows

ASSOCHAM has called for tax rationalisation, simpler rules, and long-term holding incentives to attract stable foreign investment. It welcomed the Income-tax Amendment Ordinance 2026 exempting FPI investments in government securities from tax, RBI's currency stabilisation measures, and Finance Minister Sitharaman's openness to reviewing LTCG tax and STT for Union Budget 2027-28.