Runup to the Budget 2020-21: Govt mulls no tax on LTCG with 2-year holding period

The removal of LTCG tax is in line with Prime Minister Narendra Modi’s speech in New York in September last year where he promised foreign investors that the government was working towards “bringing tax on equity investments in line with global standards”. Many key countries around the world don’t have LTCG tax, experts said.

from News-Economic Times https://ift.tt/35VQLH2