AI narrative needs to change for India: K Balasubramanian, CEO, Citibank India
Reported by Economic Times Markets, not nibnow. We are not the publisher of this story, only the source is.
The comments highlight how long‑term capital‑gains tax and new trade agreements could shape equity markets and investment opportunities in India, affecting investors and companies alike.
Long-term capital-gains tax is a big factor on the equity side. On direct investment, the trade agreements are going to be a big positive. Trade agreements create potentially important UK-India and EU-India corridors. We have been doing a lot of work identifying companies that could benefit and engage with clients. For Citi, that opportunity can flow through services and markets and potentially through investment-banking transactions as multinational companies raise capital in India, says K Bala
Long‑term capital‑gains tax is a levy on profits from the sale of assets held for more than a year, influencing equity investment decisions. Trade agreements between countries create formal frameworks that can lower barriers and open corridors for cross‑border business, and banks like Citibank facilitate financing and advisory services for multinational firms entering such markets.
- •Implementation of UK‑India and EU‑India trade agreements and their impact on capital flows
- •Multinational companies raising capital in India through investment‑banking transactions
- •Changes in Indian capital‑gains tax policy that could affect equity market activity