Proposed US capital gains tax could drive up FII investments in India’s indices

The proposed US capital gains tax will drive in more FII inflows into India as well as other emerging markets, analysts predicted on Wednesday.

Notably, the speculation over a rise in FII inflows into India gained traction after US Treasury Secretary Janet Yellen proposed capital gains tax.

This tax, if implemented, will leave very little incentive for massive US funds to stay invested in the American markets, thereby, triggering an inflow into emerging economies such as India.

Read More: https://www.bhaskarlive.in/proposed-us-capital-gains-tax-could-drive-up-fii-investments-in-indias-indices/