Neutral impactStocks
How government can look to abolish LTCG tax; SBI report lists ways
Times of India 36 min ago·5 Nov 2026, 3:13 pm
A complete removal of LTCG tax could encourage higher market turnover after a specified period, even if the STT rate remained unchanged. STT collections are currently estimated at around Rs 73,000 crore for FY27. These receipts could rise in the coming years even if changes to LTCG taxation are introduced gradually.
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Key takeaways
- Concerns State Bank OF India (SBIN).
- Category: Stocks.
Why it matters
A routine update for State Bank OF India. Use the price and stock snapshot to gauge how the market is responding.
