FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?

Indian markets rally as IT stocks surge; Sensex jumps over 1,100 points

Market sentiment improved significantly during Tuesday’s session, although elevated crude oil prices, inflationary pressures and geopolitical uncertainties may

FM Sitharaman Keeps LTCG, STT Changes Open Ahead of Union Budget, Highlights Investment Push

Get latest articles and stories on Business at LatestLY. Union Finance Minister Nirmala Sitharaman on Tuesday refrained from committing to any changes in long-term capital gains (LTCG) tax and securities transaction tax (STT), saying the upcoming Union Budget makes it premature to comment on possible measures. Business News | FM Sitharaman Keeps LTCG, STT Changes Open Ahead of Union Budget, Highlights Investment Push.

Is the govt rethinking LTCG tax? Nirmala Sitharaman clarifies

Nirmala Sitharaman said the government is open to views on removing LTCG tax during Budget consultations. Her remarks also widened the debate to STT, asset classes and investment momentum across key sectors.

LTCG tax removal on the table? FM Sitharaman says Budget consultations will hear investors’ views

Will LTCG tax be scrapped? Union Finance Minister Sitharaman signals openness to debate as SBI Research urges tax relief to attract foreign investors.

FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?

Indian equities rallied on Tuesday, with the Sensex surging over 1,100 points after Finance Minister Nirmala Sitharaman said discussions around long-term capital gains tax (LTCG) and securities transaction tax (STT) were ongoing. IT stocks also supported gains, led by HCL Tech and TCS. However, mixed broader-market trends, elevated crude prices and inflation concerns continued to temper investor sentiment.