FM Sitharaman addresses LTCG tax, infrastructure focus in budget remarks

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Finance Minister Nirmala Sitharaman commented on potential changes to long-term capital gains tax during budget preparations. She noted a suggestion from SBI Research to abolish LTCG tax on equity to stabilize foreign investment. Sitharaman highlighted infrastructure, semiconductors, and renewable energy as key investment areas, citing strong economic fundamentals. Separately, she stated the RBI's focus is on managing rupee volatility, not fixing its value.

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