If we want FIIs to invest in indian market , we have to remove LTCG tax first , period
India vs US market in dollars terms
N- 500 | S&P 500 | NQ-100
1Y: -8% | +20% | +26%
3Y: +8% | +21% | +25%
5Y: +7% | +13% | +14%
Over 5 years the gap is smaller โ but US still won .
Note :
N-500 : Nifty-500
NQ-100 : Nasdaq-100