Does the Income Tax Bill 2025 propose a hike in LTCG tax on LLPs? Several users and news reports claim that the new IT bill proposes to change tax rates on LTCG for certain categories of taxpayers. It is claimed that the LTCG tax on LLPs is likely to be raised from 12.5 per cent to 18.5 per cent via AMT. Scroll below to know the truth.