Day Trading Stocks & Futures

andal

Well-Known Member
LTCG tweak in the works: No levy on equity investment held for three years
The government reintroduced the long-term capital gains (LTCG) on equities in Budget 2018.

With a view to boosting investor confidence on Dalal Street, the Finance Ministry is working on a package for capital markets, which may include withdrawal or some tweaking of the long-term capital gains tax (LTCG), ETNOW reported on Thursday, quoting government sources.

The report said the government is studying the possible impact of withdrawing LTCG after a three-year holding period. This means if you are investing in equities and holding them for three years, there will be no tax on the gains.

Read more at:
//economictimes.indiatimes.com/articleshow/70587703.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
 
PM is singing Jammu Kashmir song.....nothing new in his speech....all repeat statements.......nothing on economy.....economic growth is unimportant....

Smart_trade
Unemployment rate is going at rocket speed...none bother about it..whole automobile industry in deep recession ( it supposed to be leading economic indicator) whereas our FM is busy stopping share market crash by taking back taxes for FII..
 

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