India now has a once-in-a-lifetime opportunity to significantly increase the flow of global long-term capital by extending the LTCG tax exemption to investments by all regulated global alternative investment funds (PE/VC) in desired sectors—a potential LTCG tax only arises in the future at the time of exit from an investment in India by a long-term investor.
from The Financial Express https://ift.tt/318Akbh
Tuesday, 18 August 2020
Attracting long-term funds: Stars in global investment industry aligned with India
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