SEBI Chairman assures stability in India’s capital market taxes

The chairman of the Securities and Exchange Board of India (SEBI), Tuhin Kanta Pandey, spoke about taxation in capital markets at the BT Mindrush 2025 event. He stated that current tax policies are likely to remain unchanged, emphasizing the importance of stability. Pandey said that if there is already certainty in taxation, it should not be disturbed. He described the existing tax structure as reasonable and stressed the need to accept it. He mentioned that taxation has improved recently, indicating a stable framework for investors. He also highlighted India's strong performance in attracting foreign investments. According to him, India's dollar returns over the past five years have been more than 11%, which is significantly better than other markets. Emerging markets have seen only about 2% growth, while developed markets have faced a decline. Pandey noted that India's economy continues to grow at over 6%, making it the fastest growing large economy. He acknowledged the challenges posed by global economic conditions, such as trade tensions. However, he believes that the markets will need to align with the overall economic performance of the country.