Sitharaman 'recognises the voice' of investors: Will FM slash equity taxes in next Budget amid heavy FPI outflows?

What happened: Finance Minister Nirmala Sitharaman said the government is aware of FPI and equity market concerns about India's investment environment and will consider their feedback to sustain growth above 7%. Key numbers: Growth target above 7%; tax structure broadly similar in 2023-24, a year of substantial foreign capital inflows. Why it matters: She said circumstances have changed and challenges have grown, and noted emerging concerns over the need for greater support to equity markets to attract investment.

Finance Minister Nirmala Sitharaman said the government is aware of FPI and equity market concerns about India's investment environment and will consider their feedback to sustain growth above 7%.

She said circumstances have changed and challenges have grown, and noted emerging concerns over the need for greater support to equity markets to attract investment.