Industry seeks LTCG and STT cuts in Budget 2027 talks
In short
Several industry bodies have been meeting top Finance Ministry officials as part of the annual pre-Budget consultation process.
They want lower long-term capital gains tax, lower securities transaction tax, and relief for MSMEs in Budget 2027.
What the reporting says
Several industry bodies have been meeting top Finance Ministry officials as part of the annual pre-Budget consultation process, according to The Hindu summary. The groups are seeking cuts in long-term capital gains tax and securities transaction tax, along with relief measures for MSMEs. The discussions feed into the Budget 2027 wish list.
Why it matters
Several industry bodies are meeting Finance Ministry officials in the annual pre-Budget consultation process. The reported asks include lower long-term capital gains tax, lower securities transaction tax and relief for MSMEs. The meetings place these tax and small-business demands on the government’s Budget 2027 agenda.