New Delhi, Oct. 17 -- Finance Minister Nirmala Sitharaman recently indicated that the government will hear investors' views on long-term capital gains (LTCG) tax during upcoming Budget consultations, bringing equity taxation back into focus.

The discussion comes amid calls for tax relief, foreign investor outflows and concerns over the competitiveness of Indian equities.

Those who put money in stocks and equity-oriented mutual funds are liable to pay tax on profits earned from selling them, though the applicable rate depends on whether the gains are short-term or long-term in nature.

Long-term capital gains on eligible investments held for more than 12 months are exempt from tax up to Rs.1.25 lakh in a financial year.

Indian investors...