BusinessPhoto: MintGovernment May Cut LTCG Tax to Boost Stock Market in 2027-28 Budget
The government is considering reducing the long-term capital gains (LTCG) tax from 12.5% and allowing foreign investors to calculate gains in dollars instead of rupees to improve stock market sentiment. These proposals are under discussion ahead of the 2027-28 Union Budget amid concerns over weak stock returns and sluggish wage growth. Finance Minister Nirmala Sitharaman called the LTCG tax debate "healthy" and expressed openness to different views.
Mint·



