Ace Investor Vijay Kedia Calls for Capital Gains Tax Reforms in Letter to Finance Minister
Ace investor Vijay Kedia has formally petitioned Finance Minister Nirmala Sitharaman to implement sweeping reforms to India’s capital markets, most notably proposing the complete abolition of long-term capital gains (LTCG) tax on listed equities. The request, communicated via a public post on the social media platform X, argues that current tax structures fail to adequately…