In some cases, they completely exempt capital gains on considering as something that gives impetus to growth. But today, if you are in FM’s position, you need to raise revenues from somewhere. If you are going to give push to infrastructure, to R&D, I guess this was an area where she felt that she can raise more revenues for.
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
India’s central bank is expected to cut its key policy rate by 0.25% in December to support slowing economic growth. A Reuters poll shows a