“There Shouldn’t Be Arbitrage in Taxes:” Revenue Secretary Tarun Bajaj

In an exclusive interview with Business Today TV Managing Editor Siddharth Zarabi, Revenue Secretary Tarun Bajaj hinted at changes to income tax and capital gains tax regime. There are various asset classes and indexations are also subjective, he said, adding that there is need to simplify the capital gains tax regime. Talking about financial products, Bajaj said, people should invest because the product is good and, not let tax arbitrage be the only reason. Watch here.