Market participants hope for some relief on long-term capital gains (LTCG) tax on securities in the full Union Budget that FinanceNSE 2.01 % Minister Nirmala Sitharaman is going to unveil on July 5.
This can help boost capital markets, which have turned lacklustre since January 2018 amid multiple domestic and global headwinds.
Industry leaders hope Sitharaman will remove the LTCG tax completely, or cut the rate. Some others, however, speculate that the exemption limit could be ..