October 11, 2026
Business

US Stocks | Budget 2026 should cut LRS TCS and offer multi-year clarity on global investing: Nikhil Advani of LGT Wealth(Soban News)

LGT Wealth India suggests Budget 2026 can boost overseas investing by restoring TCS on remittances to 5% and offering multi-year policy clarity. Aligning tax treatment of global equities with domestic ones and streamlining the Liberalised Remittance Scheme (LRS) are also key to encouraging systematic global diversification for Indian households.

​LGT Wealth India suggests Budget 2026 can boost overseas investing by restoring TCS on remittances to 5% and offering multi-year policy clarity. Aligning tax treatment of global equities with domestic ones and streamlining the Liberalised Remittance Scheme (LRS) are also key to encouraging systematic global diversification for Indian households. by Soban News (international And National News)

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