New Delhi, Oct. 13 -- union Finance Minister Nirmala Sitharaman has indicated that the government is open to hearing stakeholders' views on the long-term capital gains (LTCG) tax during consultations ahead of the next union Budget, amid growing debate among domestic and overseas investors over the taxation of equity investments.
Speaking at the Bloomberg New Economy Forum in New Delhi on Tuesday, Sitharaman said questions surrounding LTCG tax, securities transaction tax (STT) and the treatment of different asset classes had become important subjects of discussion. She described the debate as healthy, signalling that the government would consider stakeholder feedback during the Budget consultation process.
The Finance Minister's remarks co...