The exemption allowed for long-term capital gains on equity investments need to be further enhanced to account for inflation, rising income levels and to encourage more investors into equity markets, say analysts
AMFI, the Association of Mutual Funds of India, has asked for uniform capital gains taxation and better tax treatment for ETFs, from Budget 2023
Increased cost of healthcare for senior citizens, particularly post COVID-19, warrants a higher deduction limit for premiums as well as routine medical expenses, say financial planners.