India rules out long-term tax relief for equity investors
pre-market1 source ↓written by the desknot a recommendation
- in equity sales
- $28.03 billion
- in purchases
- $1.25 billion
- in 2026
- 7.2%
India's finance ministry confirmed there is no proposal to eliminate long-term capital gains tax for domestic equity investors. This follows a recent exemption for foreign portfolio investors in government debt, aimed at stabilizing the rupee. Despite $28.03 billion in equity sales by FPIs in 2026, July has seen a reversal with $1.25 billion in purchases.
• Nifty 50 down 7.2% in 2026
• Domestic investors continue to buy amid FPI sell-off
Immediate market sentiment may remain cautious as tax policies stay unchanged.
Not investment advice. For informational purposes only.