SBI Proposes Scrapping LTCG Tax on Equities; Government Open to Review
SBI economists have proposed abolishing the long-term capital gains (LTCG) tax on equities and extending the holding period to two or three years to encourage longer-term investments and stabilize foreign capital inflows amid significant portfolio withdrawals exceeding Rs 3 lakh crore in 2026. Finance Minister Nirmala Sitharaman acknowledged investor concerns and said the government is open to hearing views on LTCG tax during Budget consultations, though no decision has been announced. The current LTCG tax rate remains 12.5% on gains exceeding Rs 1.25 lakh, with ongoing debate about equity taxation and market competitiveness.
First-hand measurement across 11 sources
We measured how 11 outlets covered this story. Coverage leans balanced overall (Left 10%, Centre 90%, Right 0%). Overall sentiment is neutral (52/100). Lens Score 44/100.
Outlets measured: moneycontrol, moneycontrol, mint, mint, mint, economictimes, thetribune, economictimes, and 3 more. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
All 3 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 (48–58/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 12 Oct, 07:41 am. Other outlets followed.