SBI Research urges govt to scrap LTCG tax on equities to attract foreign investors
Mint 1 hr ago·13 Oct 2026, 10:45 am
State Bank of India's research arm has suggested that the government remove the long-term capital gains (LTCG) tax on equities and increase the holding period for tax benefits. The proposal aims to make Indian stocks more attractive to foreign investors and stabilize the market.
This move comes as foreign portfolio investors (FPIs) have been pulling money out of Indian markets recently. Reducing the tax burden could help reverse these outflows and provide much-needed support to the rupee, which has been under pressure.
Investors should watch for the government's response to this proposal. Any decision to revise tax policies could significantly impact market sentiment and foreign inflows in the coming months.
Excerpt from Mint
SBI Research has urged the government to scrap long-term capital gains (LTCG) tax on equities and extend holding periods to two or three years to attract foreign investment. The proposals come amid heavy FPI outflows and pressure on the Indian rupee. To boost foreign capital flows and provide respite to the equity…Read the original at Mint
Key takeaways
- Category: Corporate Action.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
