Abolish LTCG to Revive FII Inflows: Samir Arora's Bold Call to Government
Budget
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CNBC Awaaz•12-01-2026, 10:40
Abolish LTCG to Revive FII Inflows: Samir Arora's Bold Call to Government
- •Samir Arora, founder of Helios Capital, criticizes proposed tax incentives for foreign pension funds and endowments, calling them misguided.
- •He argues that such incentives won't improve FII flow as most foreign institutions invest via US/foreign-listed Indian ETFs or actively managed funds.
- •Arora highlights the impracticality of selective tax exemptions within a single fund, which would complicate rules and increase market confusion.
- •He states that tax incentives for long-term investors are slow and ineffective, with no significant FII flow expected for up to a year.
- •Arora's core recommendation is to abolish Long Term Capital Gains Tax (LTCG) for all investors to boost market confidence and FII sentiment.
Why It Matters: Samir Arora urges the government to abolish LTCG for all investors to simplify rules and immediately attract FIIs.
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