Government Can Absorb Rs 50,000 Crore Revenue Loss from LTCG Tax Abolition: SBI Research - The Indian government has significant fiscal capacity to scrap the Long-Term Capital Gains (LTCG) tax without derailing its financial ... Get Latest News on Business only on lokmattimes.com. The study indicates that the potential revenue shortfall from such a move might be limited to Rs 40,000-50,000 crore by fiscal year 2028, a figure well within the government's.