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From The Times of India

Center Owned by Bennett, Coleman & Co.

SBI Research recommends LTCG on equities to be scrapped; calls for DTAA clarity

SBI Research recommends LTCG on equities to be scrapped; calls for DTAA clarity

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The proposal is aimed at making foreign capital flows into equities more stable and limiting the chances of abrupt withdrawals that could put pressure on the rupee. Foreign portfolio investors (FPIs) currently face a 12.5% LTCG tax on equity investments. The Union Budget 2026 retained this rate for…

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