SBI Economists Propose Scrapping LTCG Tax Amid Rising Foreign Investor Outflows
Economists at SBI have proposed abolishing the 12.5% long-term capital gains (LTCG) tax on equities to encourage longer-term investments and reduce volatile foreign portfolio investor (FPI) outflows, which have exceeded Rs 3 lakh crore in 2026. The proposal includes extending the holding period to 2-3 years to anchor hot money flows and ease pressure on the rupee. While the Union Budget 2026 maintained the LTCG tax, experts note factors like elevated crude prices and higher US yields also influence FPI selling, alongside the absence of AI-focused stocks attracting capital to other markets.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 30%, Centre 70%, Right 0%). Overall sentiment is neutral (54/100). Lens Score 44/100.
Outlets measured: news18, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
All 0 outlets scored close to centre on political lean. The real divergence here is in emphasis, not lean — compare the headlines below to see how each outlet chose to frame the same facts.
Sentiment was consistent across outlets (48–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 12 Oct, 07:41 am. Other outlets followed.