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Budget with BS: Market mavens divided on LTCG tax hike from 10% to 12.5%

(From left) Raamdeo Agrawal, chairman and co-founder, Motilal Oswal Financial Services; Nilesh Shah, managing director, Kotak Mahindra AMC;  Prashant Jain, founder & chief investment officer, 3P Investment Managers; and Andrew Holland, CEO, Avendus C

(From left) Raamdeo Agrawal, chairman and co-founder, Motilal Oswal Financial Services; Nilesh Shah, managing director, Kotak Mahindra AMC; Prashant Jain, founder & chief investment officer, 3P Investment Managers; and Andrew Holland, CEO, Avendus C


Market mavens are divided on the recent hike in long-term capital gains tax (LTCG) from 10 per cent to 12.5 per cent on equities. Some…


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