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SBI Research Calls For Scrapping LTCG Tax On Equities Amid ₹3.04 Lakh Crore FPI Outflows In 2026
Mumbai, October 12, 2026: Amid heavy outflows, economists at the country's largest lender, SBI, on Monday called for abolishing the long-term capital gains (LTCG) tax on equities, which can help ensure such investors stay invested longer. Call for abolishing LTCG tax "The government must seriously look into anchoring hot money flows into equity segment by extending the holding period to say 2-3…
Read the full report at Free Press Journal →
How 2 newsrooms ran it
2 of our sources carried this story over 1 hour. The Hindu BusinessLine filed first, at 19:26 IST. The headlines below are each outlet's own wording, in the order they published.
| Time IST | Outlet | Their headline |
|---|---|---|
| 19:26 | The Hindu BusinessLine | SBI Research calls for scrapping LTCG tax on equities amid record FPI outflows |
| 20:28 | Free Press Journal | SBI Research Calls For Scrapping LTCG Tax On Equities Amid ₹3.04 Lakh Crore FPI Outflows In 2026 |
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