New Delhi, Oct. 14 -- Although Union Finance Minister Nirmala Sitharaman offered no clear indication of possible changes to the long-term capital gains (LTCG) tax or securities transaction tax (STT), her remarks were enough to trigger speculation, fuel debate, and prompt calculations of the potential impact of scrapping these taxes on government revenue.

As ANI reported, Sitharaman responded to a question at the Bloomberg New Economy Forum 2026 on Tuesday about LTCG and STT, saying that while the government is open to hearing views, it is premature to comment on possible measures at this juncture, as preparations for the Union Budget 2027 have already begun.

Experts and investors have been advocating for the removal of LTCG ever since i...