FICCI urges Finance Ministry to exempt LTCG tax on listed equities, seek stable 10-year capital gains tax regime, and ease tax rules for foreign investors. New Delhi: The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Finance Ministry to exempt long-term capital gains (LTCG) tax on listed equities in the Budget for 2027-28, while also calling for a stable 10-year capital gains tax regime, changes to tax rules.