ReferIndia News Vijay Kedia says long-term capital gains tax should be abolished for nation building. Here’s why

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Vijay Kedia says long-term capital gains tax should be abolished for nation building. Here’s why

Published on: May 28, 2026, 2:27 p.m. | Source: The Economic Times

Ace investor Vijay Kedia has urged the government to abolish long-term capital gains (LTCG) tax on listed equities, stating that long-term investors should be recognized as contributors of patient capital rather than speculators. In a post on X, he emphasized that long-term shareholders help businesses grow, generate employment, drive innovation, and support Indias economic development.

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