Govt has to rush in to inculcate confidence in equity investors by reviewing its decision to impose tax on longterm gains by modifying it for gains on shares not held even for 3 yrs.This wld act as elixir for indian investors and good for economy of India as market players too reduce speculation and concentrate on holding for long time.This is because Indian investors mostly bother about Indian politics& economic scenario.
Govt has to rush in to inculcate confidence in equity investors by reviewing its decision to impose tax on longterm gains by modifying it for gains on shares not held even for 3 yrs.This wld act as elixir for indian investors and good for economy of India as market players too reduce speculation and concentrate on holding for long time.This is because Indian investors mostly bother about Indian politics& economic scenario.
