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FinMin working on booster package for capital markets, may relook at LTCG too: ET NOW

image The government is likely to announce a slew of market-friendly changes including removing of long-term capital gains (LTCG) tax after a holding period of three years and easing of dividend distribution (DDT) tax, ET NOW reported on Thursday, quoting government sources. Sources say Finance Ministry is working on confidence booster package for capital markets including relook at LTCG. The report pushed the BSE Sensex 637 points higher and helped the NSE Nifty top 11,000-mark at the close. ET NOW's Nayantara Rai shares the exclusive details...........ET