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No proposal at present to scrap LTCG on equity transactions: Finance Ministry
The Finance Ministry has clarified that there is no proposal to scrap the long-term capital gains (LTCG) tax for domestic investors
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thehindubusinessline.com
Government rules out scrapping LTCG tax on equities for domestic investors
The Finance Ministry said there is no proposal to scrap the 12.5% LTCG tax on equity investments for domestic investors. FPI tax relief applies only to bonds.
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economictimes.indiatimes.com
India says no proposal to offer long-term tax relief for domestic equity investors
India's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in government debt. Domestic investors…
