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ASSOCHAM calls for tax simplification , long - term holding incentives to strengthen capital flows

World 2 sources 2 countries 🔦 Under-reported 22m ago

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has issued a call for comprehensive tax simplification alongside the introduction of long-term holding incentives. The proposed measures are specifically designed to strengthen and stabilize capital flows within the financial markets.

By advocating for these adjustments, the industry body aims to create a more predictable and attractive investment climate. Such policy shifts are intended to encourage sustained capital commitment rather than short-term speculative trading, thereby supporting broader economic growth and market resilience.

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Read the full story at the source hongkongherald.com · CHINA ↗
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