Income Tax 5 November 2026
FICCI Pushes to Restore LTCG Exemption for Listed Shares
Industry body FICCI has formally requested the government to reinstate the long‑term capital gains tax exemption on listed equities, arguing that its removal under the new tax regime hurts investors and market liquidity. The appeal highlights concerns over reduced trading activity and calls for policy relief.
FICCI's request: The federation has asked the finance ministry to bring back the LTCG exemption for listed shares removed in the recent tax overhaul.
- Claims the change discourages investors and could lower market liquidity.
- Urges policymakers to consider a reversal to support trading activity.
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