'Will see what we can do': Sitharaman to consider FPIs' concerns over LTCG tax

NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the government would consider concerns raised by foreign portfolio investors (FPIs) over India's capital gains tax structure, amid growing demands for a reduction in long-term capital gains (LTCG) tax on equities.Sitharaman acknowledged that the government was aware of foreign investors' concerns over India's tax structure, but said taxation was only one of several factors influencing investment decisions.She noted that the tax structure had remained unchanged since 2023-24, when India recorded strong foreign investment inflows.However, market conditions have since changed, with foreign institutional investors (FIIs) reporting significant outflows and concerns over the tax regime becoming more pronounced.“These are very delicate matters, and a lot of business and commercial acumen will have to come into play,” the finance minister said at the Financial Express Leadership Awards 2026.“The taxation structure was what it is today even in 2023, when inflows were at record highs.…