Finance blog

Legal & Taxation

LTCG Tax delineated for your benefit

Union Finance Minister Arun Jaitley has previously announced a 10% LTCG (Long Term Capital Gains) tax on equity-based mutual funds and stocks in case the gains amount surpasses Rs. 1 lakh. The CBDT (Central Board of Direct Taxes) has already delineated the taxation scenario across various circumstances. For example, suppose there is acquisition of an […]

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