Edelweiss' Rashesh Shah on Indian Markets, Capital Gains Tax

Edelweiss Financial Services Chairman and Managing Director Rashesh Shah calls for the removal of long-term capital gains (LTCG) tax for foreign investors in India. "I think we need to showcase...

By Bloomberg Markets · Bloomberg Markets

Edelweiss Financial Services Chairman and Managing Director Rashesh Shah calls for the removal of long-term capital gains (LTCG) tax for foreign investors in India. "I think we need to showcase to the foreigners we want them. So I would say reduce a lot of complexity, paperwork, the tax regulation," he said in an interaction with Bloomberg TV's Haslinda Amin and Menaka Doshi. (Source: Bloomberg)