Union Finance Minister Nirmala Sitharaman on Tuesday said the government is open to listening to concerns raised by stock market investors regarding taxes and investment-related issues.
Speaking on the recent performance of the stock market and demands from investors to review the tax system, Sitharaman said the Centre is willing to consider public feedback.
“On this specific issue, and on any issue, we are always ready and willing to listen to the people. We will certainly take their (share market investors’) inputs,” she said.
Her remarks come at a time when many investors and market experts have been seeking changes in taxes related to stock market investments, including capital gains tax and other levies impacting traders and retail investors.
Commenting on the Indian rupee and investment-related suggestions, the Finance Minister said the government has received a large number of recommendations from different sources and is studying them carefully.
“As I have mentioned, we have a lot of input and suggestions, not only on the rupee but also concerning investments. We have gathered a vast amount of feedback; some of it has come in voluntarily from the public, while other inputs have been collected internally through various departments. We are currently reviewing every single one of these suggestions,” Sitharaman stated.
The Finance Minister, however, did not announce any immediate changes in tax policy. Her comments indicate that the government is considering feedback from investors and other stakeholders before taking any decision on market-related taxation or investment policies.
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