Budget 2019: Will NDA scrap LTCG tax to boost markets amid NBFC uncertainty?

• The markets are keenly waiting for July 5, when India's new Union Finance Minister, Nirmala Sitharaman, presents her first budget to the nation. Multiple global and domestic factors - like the state of the Non-Banking Financial Companies, geopolitical tensions hitting crude oil prices, and sluggish global growth - have caused nervousness in the markets. In such a situation, will the government seek to infuse confidence by possibly abolishing the Long Term Capital Gains tax? Surya Bhatia, Managing Partner at Asset Managers speculates on such a move and others, ahead of the Budget presentation. Watch the full video for more.