📢 LTCG Update
Finance Minister Nirmala Sitharaman stated that the government is open to hearing views on long-term capital gains (LTCG) tax and securities transaction tax (STT) during upcoming budget discussions.
Key Takeaways
• No Commitments: She noted that budget talks are in early stages, so it is too soon to guarantee any specific tax cuts.
• Market Surge: Indian stock markets jumped sharply following her comments, as investors hoped for a potential review of the tax rates.
• Current Rate: Investors have been seeking relief after the LTCG tax rate was increased to 12.5% in the 2024 budget.
No change has been announced yet.
✅ Positive for market sentiment
❌ No LTCG tax removal announced yet
#LTCG #StockMarket #NirmalaSitharaman #Budget #ShareMarket #Investing
1October 13, 2026 547 1
