Finance Ministry Confirms LTCG Tax on Stocks Stays Put

The Finance Ministry just announced there are no plans to scrap the long-term capital gains tax on stocks! Minister Pankaj Chaudhary confirmed this during a Lok Sabha session. The government is raking in a jaw-dropping ₹2.01 trillion from this tax, keeping the rate at 12.5% for everyone. Plus, foreign investors will get some tax breaks starting in 2026. Stay tuned for more updates!