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Govt May Look at Rationalising Long Term Capital Gains Tax Structure in the Forthcoming ... - Latest Tweet by IANS India

The latest Tweet by IANS India states, 'Govt may look at rationalising long term capital gains tax structure in the forthcoming #UnionBudget for 2023-24. As of now, shares held for more than 1yr attract a 10% LTCG tax. This tax was discontinued in 2005, but was reintroduced in 2018 in the Union Budget for that fiscal.'

Govt May Look at Rationalising Long Term Capital Gains Tax Structure in the Forthcoming ... - Latest Tweet by IANS India

(The above story first appeared on LatestLY on Jan 16, 2023 09:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).