LTCG tax: Govt may restructure rates soon; how much could investors save at 10%, 5% or 2%?
New Delhi, Oct. 27 -- The government is considering changes to the long-term capital gains (LTCG) tax on equities. A decision might be taken in the coming weeks before the Union Budget in February 2027, Moneycontrol reported on Monday, citing sources familiar with the matter, including a government official.
"A decision on restructuring is expected soon," an official told Moneycontrol. The official added that the government is comparing India's LTCG tax rate with those prevailing in major economies.
The report also mentioned that the government is examining whether LTCG paid by foreign investors should be calculated on gains made in dollar terms. Currently, capital gains are calculated in rupees.
A reduction in the tax rate could lower...
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