Neutral impactEconomy
FM Nirmala Sitharaman says open to hearing views on LTCG, says 'healthy' to have STT debate
CNBC-TV18 1 hr ago·13 Oct 2026, 9:24 am
Finance Minister Nirmala Sitharaman has opened the door to revisiting the Long-Term Capital Gains (LTCG) tax structure in India. Speaking at the Bloomberg New Economy Forum, she stated that she is open to hearing views on the current tax regime, which currently imposes a 10% tax on gains exceeding ₹1 lakh held for more than a year. This signals a potential shift in policy, as the government has previously been firm on maintaining the current tax framework.
For investors, this development is significant because changes to LTCG rates directly impact the after-tax returns on equity investments. A lower LTCG rate could make the Indian stock market more attractive to foreign and domestic investors, potentially boosting liquidity. Conversely, a higher rate could dampen enthusiasm. Market participants should watch for any specific announcements or further discussions from the government regarding the Securities Transaction Tax (STT) as well.
Excerpt from CNBC-TV18
Published On Oct 13, 2026 | 14:50 IST Last Updated On Oct 13, 2026 | 14:57 IST Finance Minister Nirmala Sitharaman stated she is open to hearing stakeholder views on Long Term Capital Gains Tax and securities transaction tax, calling market tax debates healthy. Following her remarks, Indian equity markets extended…Read the original at CNBC-TV18
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
