BusinessPhoto: LivemintFM Sitharaman Open to LTCG Tax Review in Budget Talks
Finance Minister Nirmala Sitharaman has indicated that the government is open to hearing investors' views on the possible removal of the Long-Term Capital Gains (LTCG) tax during Budget 2027 consultations. This follows calls from SBI Research and others to abolish LTCG tax on equities to boost foreign capital inflows. No firm commitment on LTCG or Securities Transaction Tax changes has been made yet.
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