SBI Report Suggests Ways to Abolish LTCG Tax
The SBI report suggests that completely abolishing the Long-Term Capital Gains (LTCG) tax could boost market turnover over time, even if the Securities Transaction Tax (STT) rate stays the same. STT collections are projected to reach around Rs 73,000 crore by FY27 and may increase further with gradual changes to LTCG taxation.
TOI Business·

