Lumic
NIFTY 50·22,622.70−0.44%SENSEX·72,781.89−0.34%BANK NIFTY·55,316.00−0.30%RELIANCE·1,174.60+0.68%HDFC BANK·710.70−0.46%ICICI BANK·1,338.60−1.59%BHARTI AIRTEL·1,794.60−0.66%INFOSYS·1,088.00+2.44%L&T·3,642.00−0.90%TCS·2,304.90+1.57%ITC·261.50+0.19%SBI·954.90−0.22%AXIS BANK·1,264.60−0.30%NIFTY 50·22,622.70−0.44%SENSEX·72,781.89−0.34%BANK NIFTY·55,316.00−0.30%RELIANCE·1,174.60+0.68%HDFC BANK·710.70−0.46%ICICI BANK·1,338.60−1.59%BHARTI AIRTEL·1,794.60−0.66%INFOSYS·1,088.00+2.44%L&T·3,642.00−0.90%TCS·2,304.90+1.57%ITC·261.50+0.19%SBI·954.90−0.22%AXIS BANK·1,264.60−0.30%

Government Economic Policy

India's Equity LTCG Tax: From Exemption to 12.5% and Calls for Removal

about 2 hours ago · Lumic

Lumic Data Shot showing the history of India's listed-equity long-term capital gains tax, from exemption under STT conditions
Lumic
India's Equity LTCG Tax: From Exemption to 12.5% and Calls for Removal
Lumic research·about 2 hours ago

This Lumic Data Shot delves into the evolving landscape of India's equity Long Term Capital Gains (LTCG) tax. We trace its journey from an initial exemption to the current 12.5% rate and explore the growing calls for its complete removal. Understanding the nuances of equity capital gains tax in India is crucial for investors navigating the Indian stock market and equity mutual fund taxation. This piece sheds light on the history of capital gains tax in India, its impact on listed equity tax India, and comparisons with international tax regimes. For investors keen on the Budget 2024 capital gains tax discussions and the future of LTCG tax removal, this analysis provides valuable context.

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