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Government has fiscal headroom to absorb ₹50,000-crore revenue loss from scrapping LTCG tax: SBI Research

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Government has fiscal headroom to absorb ₹50,000-crore revenue loss from scrapping LTCG tax: SBI Research
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

The proposal includes raising the annual exemption limit, reducing tax rates for longer holding periods and increasing the Securities Transaction Tax

Key Takeaways

  • Government has fiscal headroom to absorb ₹50,000-crore revenue loss from scrapping LTCG tax: SBI Research.

The proposal includes raising the annual exemption limit, reducing tax rates for longer holding periods and increasing the Securities Transaction Tax

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Published originally on The Hindu Business Line

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