Economy LTCG taxation: Why the exemption is an anomaly Updated : September 20, 2019 09:35 AM IST The debates in India over LTCGs are usually emotional and focus on ‘market sentiments’. It is widely believed that holding equity shares for longer term usually enhance the chances of higher returns for the investor. 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.