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How have Centre’s policies impacted investors in terms of profit

Discuss the effects of Centre’s policies on investor profit and the justification of changes in capital gains tax by Nageswaran.
economy investors
Krishna Preparing for Civil Services
Answered 2 years ago
  • Centre's policies have had a mixed impact on investors in terms of profit.
  • Changes in capital gains tax by Nageswaran aimed at increasing government revenue.
  • This could potentially reduce profits for investors, especially those who rely heavily on capital gains.
  • However, the justification for these changes lies in the need for more substantial government funds to finance public services and infrastructure.
  • Investors may need to adjust their investment strategies to mitigate the impact of higher capital gains tax rates.