Market participants call for lower LTCG tax amid STT concerns
In short
Experts and market participants say STT and capital gains tax together are hurting both local and foreign investors. That is why some people want the long-term capital gains tax cut.
This matters because it could affect investor costs in India. The reporting does not say whether the government plans to change the tax or how much revenue it gets.
What the reporting says
Many experts and market participants said STT and the capital gains levy together are a double whammy for local and foreign investors. The reporting frames this as a reason for growing demand to reduce long-term capital gains tax in India, but it does not provide the tax rate, revenue figure, or any policy response. The immediate consequence is continued debate, not a confirmed change.
Why it matters
Market participants and experts say STT, together with the capital gains levy, is a double burden for local and foreign investors. That is driving calls to reduce long-term capital gains tax in India. The reporting does not give the current tax rate, the government’s revenue from it, or any official response, so the policy outcome remains unclear.