Both FPIs and domestic investors continue to pay 12.5% LTCG tax on Indian equities. The exemption announced through the Income-tax Ordinance, 2026, applies only to FPIs investing in Government Securities (G-Secs).
FPIs not exempt: Centre clarifies 12.5% LTCG tax on equity is same as for domestic investors
Both FPIs and domestic investors continue to pay 12.5% LTCG tax on Indian equities. The exemption announced through the Income-tax Ordinance, 2026, applies…
Lok Darpan
