Quick Summary
Union Finance Minister Nirmala Sitharaman on Monday indicated that the government is open to hearing concerns and suggestions from investors regarding the current taxation structure for Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG). Speaking during the TEXPROCIL Export Awards event, FM said the Centre remains willing to engage with stakeholders on issues affecting taxpayers and investors. Her remarks come at a time when discussions around capital gains taxation have gained
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 011-411-70713
FAQ :
Yes, Finance Minister Nirmala Sitharaman has stated that the government is open to hearing concerns and suggestions from investors regarding the current taxation structure for Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG).
LTCG tax applies to profits earned from assets held for a longer duration, while STCG tax is levied on gains from investments sold within a shorter period.
Investors and market experts believe that taxation policies directly influence investor participation, trading behaviour, and long-term wealth creation in equity markets, and are seeking a more balanced tax framework.
The Finance Minister attributed rising petrol and diesel prices primarily to the surge in international crude oil prices and mentioned that the government had previously reduced excise duties to cushion consumers from a sharper spike.
The government is closely monitoring Fuel, Fertiliser, and Forex (foreign exchange reserves) due to the potential economic impact of increasing global commodity prices.
CAclubindia
