Financial Daily from THE HINDU group of publications
Friday, Dec 16, 2005
Financial Daily from THE HINDU group of publications Friday, Dec 16, 2005 |
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Opinion
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Letters Equity concerns
This is with reference to the story `Small investors dogged by dud shares: Survey' (Business Line, November 29). To bring back the small investors who lost heavily by subscribing to the public issues of vanished/de-listed/not-traded companies into equity the market, the Finance Minister may consider amending the Income-Tax Rules to treat such equity subscription as long-term capital loss which can be adjusted against long-term capital gains without restricting the same to any time limit. George Thomas Ernakulam
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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