Ghar ki murgi daal barabar: tax breaks for foreign investors

"Ghar ki Murgi Daal Barabar."
A saying that perfectly captures how we sometimes value things coming from outside more than what is already available at home.

Our #FinanceMinister has already provided tax incentives to #foreign investors investing in G-Secs and has indicated that more steps may be explored to attract foreign capital into India.

Important? Absolutely.
But while looking outside, are we ignoring something already being created inside?

Indian professionals holding #RSUs.
Over the last two decades, thousands of #MNCs have created large centres in India.
For many employees, RSUs have become a significant wealth creation tool.
With global markets reaching new highs, many Indian professionals are sitting on substantial gains.

Now, imagine a policy where there is a limited #CapitalGains relaxation on selling RSUs and bringing more of this wealth into the domestic economy.

Remember, when RSUs vest, they are already taxed as salary income.
Later, any appreciation is taxed again as capital gains.
A window like this could encourage more employees to monetize their overseas holdings.

That money could flow into:
• Investments
• Consumption
• Asset creation
• Entrepreneurship
Creating more economic activity locally!

Foreign investors are important.
But portfolio money can move quickly when global opportunities change.
Indian professionals building wealth through RSUs are already deeply connected to the local economy.

The salaried class is also among the most compliant taxpayer segments, with taxes deducted even before income reaches their accounts.

While attracting foreign capital is necessary, should we also look at encouraging the wealth already being created within India by Indians?

Would the FM continue to consider Ghar ki Murgi Daal Barabar?