Budget 2027: FICCI seeks removal of LTCG tax on listed securities, suggests STT hike
MeridStreet AI summaryThe Federation of Indian Chambers of Commerce and Industry (FICCI) has asked the government to remove the long-term capital gains tax (LTCG) on listed securities in the upcoming 2027-28 Budget. This move aims to reduce the burden on investors who hold shares for extended periods. If implemented, it could boost investor confidence and encourage long-term investments in the stock market.
Read the source report: Moneycontrol →
Why it matters
FICCI's proposal could lead to increased investor confidence and higher market participation. A higher STT on delivery trades could offset the revenue loss from removing LTCG tax on listed securities.
Market impact
Transmission channels
Likely winners & losers
Winners
- Indian equities
- Financial services
Under pressure
- Government revenue
Explore the intelligence
MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Moneycontrol. For information only — not financial advice.