The Economic Times

Former RBI official R Gandhi backs Budget 2026's medium-term vision, defends STT hike on F&O trading

Former RBI Deputy Governor R Gandhi backs the Union Budget 2026's long-term economic vision. He highlights tax stability as key for investor confidence. Gandhi also explains the Securities Transaction Tax hike aims to curb speculation, not hinder price discovery. This approach supports India's Viksit Bharat 2047 goals, fostering a sustainable investment climate.