Finance Minister Nirmala Sitharaman Avoids Commitment on LTCG, STT Changes Ahead of Budget

{"#LTCG_and_STT_changes":"The Finance Minister's comments on LTCG and STT taxes come amid discussions about changes to these taxes. SBI Research proposes abolishing LTCG tax on equity investments to encourage longer-term investments and stabilize foreign capital flows. The Finance Minister's stance is seen as cautious, given the preparations for the Budget.","#Foreign_investor_activity":"Foreign investors have been selling Indian equities, with a total withdrawal of Rs 3.04 lakh crore in 2026. SBI Research suggests extending the holding period for equity investments to two or three years and abolishing LTCG tax on equities to stabilize foreign capital flows.","#RBI_actions":"The Reserve Bank of India (RBI) has taken measures to curb rupee volatility, including a special window for oil marketing companies and tighter rules for foreign exchange derivatives trading. These measures have supported the rupee, which appreciated to Rs 94.96 against the US dollar on Tuesday."}