Vijay Kedia Wants LTCG Tax To Be Abolished: ‘India Needs More Patient Capital, Entrepreneurship’
Investor Vijay Kedia has called for the complete abolition of long-term capital gains (LTCG) tax on listed equities, saying India needs more ‘patient capital’ to support entrepreneurship and long-term wealth creation. In an X post directed at Finance Minister Nirmala Sitharaman and the Finance Ministry, Kedia said long-term shareholders should not be viewed as speculators,…