LTCG Tax Update: In recent times, many leaders of the Indian stock market have advocated the abolition of Long Term Capital Gain (LTCG) from the stock market in the interest of investors. Veteran investor and founder of Helios Capital and Samir Arora have also joined this series. Sameer Karora said that a good government will understand that abolishing long term capital gains tax is the best option for creating wealth for the citizens of the country. In fact, on the social media platform X, a user named Nirmala Pandey asked…
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Budget 2023 Likely To See Rationalization Of Long-Term Capital Gains Tax Structure
Budget 2023-24: The last budget of the second term of the Modi government is going to be presented on February 1, 2023. It is believed that Finance Minister Nirmala Sitharaman can make a big announcement in this budget regarding the change in the rules of long term capital gain tax. In the budget, emphasis can be laid on rationalizing long-term capital gains tax, as well as change in the base year is also possible to give the benefit of indexation. Equity investors are liable to long term capital gains tax…
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