[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-604099-105":3,"detail-sidebar-cat-0-en-105":80,"doc-detail-604099-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","lead-ias-daily-bulletin-14-october-2026-highlights","Lead IAS Daily Bulletin - 14 October 2026 - Highlights","","Daily bulletin covering two major policy and governance updates: the discussion on Long-Term Capital Gains (LTCG) taxation and Securities Transaction Tax (STT), including capital gain concepts, holding periods, rates, exemptions, and STT governance and collection mechanisms. It also summarizes India’s adoption of the Delhi Declaration at the first BIMSTEC Home Ministers’ Meeting to counter terrorism, radicalisation, terror financing, and misuse of emerging technologies. A separate section explains “forever chemicals” (PFAS), their properties, uses, environmental contamination risks, health impacts, and references to the Stockholm Convention.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/lead-ias-daily-bulletin-14-october-2026-highlights/604099/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/lead-ias-daily-bulletin-14-october-2026-highlights/604099.png","ImageObject",300,407,{"name":42,"@type":43},"Pentious","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-02","2026-10-15",true,{"@type":52,"interactionType":53,"userInteractionCount":33},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What is the purpose of LTCG taxation and what determines the holding period?","Question",{"text":62,"@type":63},"LTCG taxation is designed to raise revenue and influence investment decisions, with preferential rates encouraging longer-term investment. The holding period depends on the asset type, such as listed equity shares and equity-oriented mutual funds held beyond 12 months, and other assets typically beyond 24 months under current rules.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How is STT applied and collected?",{"text":67,"@type":63},"STT is a direct tax on the purchase and sale of securities listed on recognised stock exchanges in India, levied irrespective of profit or loss. It is collected at the point of trade execution by recognised stock exchanges or designated institutions and paid directly to the government.",{"name":69,"@type":60,"acceptedAnswer":70},"Why are PFAS often called “forever chemicals,” and what are the key risks mentioned?",{"text":71,"@type":63},"PFAS resist environmental degradation due to strong carbon–fluorine bonds, so they do not naturally break down in sunlight, water, or through microbial action. The bulletin highlights risks of contaminating drinking water, soil, and food chains, possible bioaccumulation and biomagnification, and health effects such as immune and endocrine impacts and associations with certain cancers.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},604099,1793121357,{"code":4,"msg":81,"data":82},"success",[83,87,91,95,100,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":84,"show_sort_weight":85,"slug":86},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":88,"show_sort_weight":89,"slug":90},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":92,"show_sort_weight":93,"slug":94},"Exam",70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":112,"slug":113},8,30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":81,"data":131},{"doc_id":78,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":111,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":33,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":33,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":123},1374404730887,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","14 October 2026  \nLong-term Capital Gains (LTCG) Tax and the Securities Transaction Tax (STT) .  \nFinance Minister Nirmala Sitharaman said she would hear stakeholders’views on LTCG tax and STT ahead of Union Budget 2027, amid calls to retain only one of the two taxes.  \no What is Capital Gain? It is profit earned from the sale or transfer of a capital asset, such as land, buildings, shares, bonds, gold and mutual fund units, is taxable under the head “Income from Capital Gains”.  \no Long-Term Capital Gains (LTCG) Tax: It is a direct Tax levied on the profit earned from selling or transferring a capital asset held beyond the specified period prescribed under the Income Tax Act.  \no Objective: LTCG taxation aims to generate revenue and influence investment decisions; preferential rates on long-term gains can encourage longerterm investment.  \no Holding Period: Listed equity shares and equityoriented mutual funds — more than 12 months; unlisted shares and immovable property—more than 24 months; other assets—generally more than  \n24 months under current rules, subject to assetspecific provisions.  \no Tax Rate:  \n§ Tax on Equity: LTCG on listed equity shares and equity mutual funds at 12.5% on gains exceeding ₹1.25 lakh annually.  \n§ Other Assets: Generally 12.5% without indexation, subject to exceptions  \no Exemptions:  \n§ Exemption on LTCG from sale of a residential house by reinvesting in another residential house.  \n§ Exemption on LTCG from sale of other longterm assets by investing in a residential house.  \n§ Exemption on LTCG from land/buildings by investing in specified bonds within 6 months (limit: ₹50 lakh) .  \no What is Securities Transaction Tax (STT): It is a direct tax levied on the purchase and sale of securities listed on recognised stock exchanges in India. STT is levied irrespective of whether they result in a profit or loss.  \no Introduction: In 2004 under the Finance Act, it aims to curb tax evasion and enhance transparency in financial markets.  \no It applies to equity shares, derivatives (futures and options), equity mutual funds, Exchange Traded Fund, and other securities traded on recognized exchanges. Off-market transactions are exempt.  \no Transaction-based tax calculated on gross trade value.  \no Collection Method: STT is collected at the point of trade execution by recognized stock exchanges or designated institutions, and the collected amount is paid directly to the government.  \no Regulation: STT is governed by the Securities Transaction Tax Act (STT Act), specifically listed down various taxable securities transactions i.e., transactions on which STT is leviable and the rate are decided by the Government and modified from time to time, if necessary.  \nDelhi Declaration  \nIndia hosted the first BIMSTEC Home Ministers’Meeting in 2026, adopting the Delhi Declaration to combat terrorism, radicalisation, terror financing and misuse of emerging technologies.  \no What is it? The Delhi Declaration was adopted by the seven BIMSTEC member states in 2026 to strengthen regional cooperation against terrorism and transnational crime.  \no Counter-Terrorism: Focuses on combating terrorism, radicalisation, violent extremism and terrorist recruitment.  \no Terror Financing: Calls for action against terror financing and money laundering in line with international standards.  \no Emerging Technologies: Seeks to prevent the misuse of new and emerging technologies for terrorist purposes.  \no Cybercrime and Trafficking: Emphasises tackling cross-border cyber fraud, scam centres, human trafficking and organised crime.  \no BIMSTEC: BIMSTEC (Bay of Bengal Initiative for MultiSectoral Technical and Economic Cooperation) was formed via the Bangkok Declaration in 1997 and headquartered in Dhaka. Members: 7 countries – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, Thailand  \no Other Grouping and members:  \no SAARC (South Asian Association for Regional Cooperation): Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Paki","cbCailzMGCQgvDAY","https://ap.wps.com/l/cbCailzMGCQgvDAY","pdf",225327,"English","# LTCG and STT Overview\n## Capital Gain and LTCG Tax\n## Holding Period, Rates, and Exemptions\n## Securities Transaction Tax (STT) and Regulation\n# Delhi Declaration and BIMSTEC\n## Purpose and Counter-Terrorism Focus\n## Terror Financing and Emerging Technologies\n## Cybercrime, Trafficking, and Organised Crime\n## Related Regional Groupings\n# Forever Chemicals (PFAS)\n## What PFAS Are and Why They “Forever”\n## Uses and Environmental Concerns\n## Health Effects and International Controls","[{\"question\":\"What is the purpose of LTCG taxation and what determines the holding period?\",\"answer\":\"LTCG taxation is designed to raise revenue and influence investment decisions, with preferential rates encouraging longer-term investment. The holding period depends on the asset type, such as listed equity shares and equity-oriented mutual funds held beyond 12 months, and other assets typically beyond 24 months under current rules.\"},{\"question\":\"How is STT applied and collected?\",\"answer\":\"STT is a direct tax on the purchase and sale of securities listed on recognised stock exchanges in India, levied irrespective of profit or loss. It is collected at the point of trade execution by recognised stock exchanges or designated institutions and paid directly to the government.\"},{\"question\":\"Why are PFAS often called “forever chemicals,” and what are the key risks mentioned?\",\"answer\":\"PFAS resist environmental degradation due to strong carbon–fluorine bonds, so they do not naturally break down in sunlight, water, or through microbial action. The bulletin highlights risks of contaminating drinking water, soil, and food chains, possible bioaccumulation and biomagnification, and health effects such as immune and endocrine impacts and associations with certain cancers.\"}]","Lead IAS Daily Bulletin - 14 October 2026 - Highlights | PDF",1792100388]