Most sites claim that the Samsung 226BW and the LG226WTQ use the same panel. Similarly the Samsung 206BW and the LG206WTQ are also reputed to use the same panel.
Since the panels are reputed to be the same, I'd think that LG offers a better deal since I found the LG226WTQ & LG206WTQ to be much lower priced than the Samsung equivalents
The LG226WTQ was 12,990 (With a 2GB Flash Drive free) when I asked Croma on 19th Jan, but availability/stock was an issue.
Reliance Digital had the LG226WTQ @ 13,449
Reliance Digital had the smaller brother of the L226, the 20" L206WTQ LCD in ready stock at Rs 10,199, which is pretty good VFM (Value For Money).
You can check LG's website - the specs for the L226WTQ and the L206WTQ are the same, except of course the size. Even their max/optimal resolutions are the same : 1680x1050
PS, all these prices are from circa 14-18 Jan. I have no idea if the prices have risen or fallen