1. Finance Minister Sitharaman open to feedback on LTCG tax removal

Finance Minister Sitharaman open to feedback on LTCG tax removal

Business

  • Finance Minister Nirmala Sitharaman said the government is open to hearing views on scrapping LTCG tax.
  • Investors have raised concerns over LTCG tax, securities transaction tax STT and taxation across asset classes.
  • The government is reviewing proposals to change LTCG tax on equities ahead of Budget 2027-28.
  • Sitharaman has not promised to remove the tax, with any changes still under consideration.

Source: moneycontrol.com

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