Below the Budget on Capital Gains Tax Rejig and Market Implications by Manoj Purohit, Partner & Leader, Financial Services Tax, Tax & Regulatory Services, BDO India
"With the aim of rationalising the capital gains tax regime, the period of holding and tax rates have been rejigged in the Budget proposals. Firstly, the current long-term capital gains tax exemption of INR 1 lac is increased to INR 1.25 lacs.
The period of holding for listed financial assets is...
Budget on Capital Gains Tax Rejig and Market Implications by Manoj Purohit, Partner & Leader, Financial Services Tax, Tax & Regulatory Services, BDO India