SEBI chairman, Tuhin Kanta Pandey discussed India's capital market taxation regime, describing it as reasonable and something stakeholders must accept. He stated, 'We have to live with what the taxation is and which I think is a reasonable one on the capital market side and move with it.' Pandey highlighted India's strong market performance, noting that MSCI US dollar returns over the last five years have exceeded 10 to 11 percent in US dollar terms. The remarks suggest optimism about India's market fundamentals despite the taxation framework, emphasising that investors have sufficient reasons to remain engaged with Indian equities given the robust returns demonstrated over the medium term.