Thursday, 12 November 2026 IPO data updated 6 minutes ago

LTCG Tax Removal Under Discussion, Says FM Nirmala Sitharaman

LTCG Tax Removal Under Discussion, Says FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has said the government is open to hearing investors’ views on removing the Long-Term Capital Gains (LTCG) tax. Speaking at the Bloomberg New Economy Forum in New Delhi on October 13, 2026, she acknowledged that Indian and foreign investors have raised concerns about equity taxation.

The discussion also covers the Securities Transaction Tax (STT) and whether different investment asset classes should be treated similarly. These issues may be considered during the government’s Budget consultation process.

LTCG tax is levied on eligible profits earned from selling investments after the prescribed holding period. STT, meanwhile, applies to specified securities transactions.

However, the Finance Minister’s remarks do not confirm that LTCG tax will be abolished. Investors will have to wait for any official government announcement regarding possible tax changes.

Key Points

  • FM is open to hearing suggestions on LTCG tax removal.
  • Investors have raised concerns about LTCG tax and STT.
  • Similar tax treatment across asset classes is also being discussed.
  • No final decision to remove LTCG tax has been announced.

The discussion has brought equity taxation back into focus. Investors will closely watch upcoming Budget consultations for any potential changes.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.