{
  "id": 14174356,
  "title": "Will Budget bring LTCG, STT relief? Here’s what FM Nirmala Sitharaman said",
  "url": "https://urgent.news/2026/10/13/will-budget-bring-ltcg-stt-relief-heres-what-fm-nirmala-sitharaman",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T10:07:26.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/finance-minister-nirmala-sitharaman-avoids-commitment-on-ltcg-stt-changes-ahead-of-budget/articleshow/134914318.cms"
  },
  "original_language": "en",
  "account": "Finance Minister Nirmala Sitharaman spoke at the Bloomberg New Economy Forum 2026 about the upcoming Union Budget preparations. She declined to comment on potential changes to long-term capital gains tax (LTCG) or securities transaction tax (STT) until the budget planning was further along. Investors globally had been discussing taxation of capital gains in several asset classes, and the government was open to hearing their views, she said. During her remarks, she also addressed the Indian rupee's depreciation against the US dollar, stating that the Reserve Bank of India was focusing on curbing volatility rather than fixing the currency at a specific level. Sitharaman noted that India's economic fundamentals remained strong, and the RBI was taking measures to support the rupee's stability.",
  "summary": "Union finance minister Nirmala Sitharaman addressed potential changes to long-term capital gains tax during the budget preparations. SBI Research suggested abolishing LTCG tax on equity investments to stabilize foreign capital flows. Additionally, she emphasized investment opportunities in infrastructure, semiconductors, and renewable energy as India’s economic fundamentals remain strong. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}