Debate on LTCG, market taxes ‘healthy’, ‘keen’ to hear about it: FM Sitharaman
Finance Minister Nirmala Sitharaman stated that the debate on long-term capital gains (LTCG) tax is "healthy" and expressed her eagerness to hear more about it. Her comments contributed to a market rally, with the Sensex and Nifty closing 1.5% and 1.6% higher, respectively. The Union Budget discussions are underway, with the budget presentation scheduled for February 1, 2027.