New Delhi: Though an immediate tax hike is not expected, considering elections, some post-election measures such as higher capital gains tax are possible during the year, global broking firm Jefferies said in a report. Disinvestment may also get ramped up post-elections, partly as the government capitalizes on the sharp run in PSU stocks in sectors such as railways, defence etc, the report said. Some other measures to watch out for are a potential hike in the FPI limit in banks/insurance companies to 100 per cent (from the current 74 per cent) and PSU banks (20 per cent FPI cap to facilitate IDBI privatisation). Tobacco taxation changes are unlikely in the interim budget but the July budget
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