A complete removal of LTCG tax could encourage higher market turnover after a specified period, even if the STT rate remained unchanged. STT collections are currently estimated at around Rs 73,000 crore for FY27. These receipts could rise in the coming years even if changes to LTCG taxation are introduced gradually.
A complete removal of LTCG tax could encourage higher market turnover after a specified period, even if the STT rate remained unchanged. STT collections are currently estimated at around Rs 73,000 crore for FY27. These receipts could rise in the coming years even if changes to LTCG taxation are introduced gradually.
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