The government informed Parliament that there is no current proposal to scrap long-term capital gains (LTCG) tax on equity transactions, despite calls from market participants.
The LTCG tax on listed shares and equity-oriented mutual funds is at rate of 12.5%
Jul 20, 2026
05:52 pm
What's the storyThe Indian government has confirmed that it has no plans to scrap the long-term capital gains (LTCG) tax on equity transactions.
The announcement was made by Minister of State for Finance Pankaj Chaudhary in a written reply in the Lok Sabha.
India's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign…
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Government of India (GoI) passed an ordinance waiving the 12.5% long term capital gains tax (LTCG) charged on foreign…
