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.

India's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in government debt. Domestic investors…

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 Finance Ministry has clarified that there is no proposal to scrap the long-term capital gains (LTCG) tax for domestic investors

NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.