From NDTV
Center-Right Owned by Adani Group (AMG Media)LTCG Tax Reforms: Zero Tax After 3 Years, Higher Exemption Limit, Among 5 Key Suggestions By SBI Research
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
SBI Research suggests scrapping LTCG on equities, raising STT to offset the loss, and offering tax relief on savings and term deposits to rebalance household savings
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center · 1 outlet
The government could abolish long-term capital gains (LTCG) tax across investor categories without significantly disrupting its fiscal consolidation plans, as the revenue loss may be limited to Rs 40,000-50,000 crore in FY28, according to a report by SBI Research.
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right · 3 outlets
The proposal includes raising the annual exemption limit, reducing tax rates for longer holding periods and increasing the Securities Transaction Tax
RSS excerpt
SBI Research estimates that abolishing LTCG tax could result in a revenue shortfall of around Rs 40,000-50,000 crore in FY28, equivalent to approximately 0.1-0.2% of GDP. It believes the government could accommodate this within its fiscal framework.
