Finance BJP recommends equity market tax tweaks to attract foreign investors Updated : January 30, 2020 06:13 AM IST Financial market participants have been lobbying for scrapping long term capital gains tax (LTCG) on investment in equity or equity-oriented funds. Another demand has been for an amendment to dividend distribution tax (DDT) rules. The long-term capital gain tax of 10 percent on the sale of equity shares was re-introduced in 2018 by former finance minister Arun Jaitley. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.