Finance Minister on LTCG & STT tax
Finance Minister Nirmala Sitharaman discusses balancing investor incentives with revenue needs for market growth. India's approach to taxing equity gains has shifted historically. The FY25 Budget increased short- and long-term capital gains taxes while exempting annual gains up to ₹1.25 lakh. Excessive taxation can discourage investment. Tax collections from capital gains and STT could exceed ₹3 lakh crore this year.