Taxes on Capital Gains: Finance Minister Nirmala Sitharaman presented her budget for the financial year 2025-26 in Parliament on 23 July. In this budget, she talked about increasing the tax on capital gains in equity and debt instruments. The government had increased the short term capital gains tax from 15 percent to 20 percent in the budget. At the same time, it was proposed to increase the long term capital gains tax from 10 percent to 12.5 percent. After this change, there was a lot of disappointment among the investors…
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