News on Medial

Govt should abolish capital gains tax: Ashneer on market crash

Inshorts · 3m

Entrepreneur Ashneer Grover commented on the recent market crash, saying, "[It's] high time for government to abolish capital gains tax." "These markets aren't going to correct by themselves. [They] need structural change," he stated. He remarked after Nithin Kamath said the broking industry is seeing "a massive drop in terms of both the number of traders and volumes".