From The Tribune
Center Owned by The Tribune TrustUnion Bank proposes zero LTCG tax on equity held over 3 years, lower rates for shorter holdings
What's behind this
Union Bank of India has urged the government to change the long‑term capital gains (LTCG) tax on equity investments, proposing a zero‑tax rate for holdings held beyond three years and lower rates for shorter holding periods. The bank’s report calls for broader tax reforms, policy stability and structural changes aimed at improving investor returns and enhancing India’s appeal to global capital.
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What each side is saying
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center · 1 outlet
The existing long-term capital gains (LTCG) tax on equity investments should be reduced, with a complete exemption for holdings beyond three years to attract more stable foreign capital and improve investor returns, according to a report by Union Bank of India.
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right · 1 outlet
The report calls for tax changes, policy stability and structural reforms to improve investor returns and strengthen India’s appeal to global capital.
RSS excerpt
The existing long-term capital gains (LTCG) tax on equity investments should be reduced, with a complete exemption for holdings beyond three years to attract more stable foreign capital and improve investor returns, according to a report by Union Bank of India.
