long-term capital gains

On discarding indexation for long-term capital gains | Explained

July 31, 2024 admin

For representative purposes. | Photo Credit: Getty Images The story so far: Finance Minister Nirmala Sitharaman’s announcement in the Union Budget about doing away with indexation for computing long-term capital gains (LTCG) tax has not drawn much enthusiasm. She had proposed that long-term gains on all financial and non-financial assets would now be taxed at…

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Budget 2024: Fostering sustainable development and economic opportunities

July 23, 2024 admin

The Union Budget for 2024-25, in my view, has certainly drawn up a detailed roadmap and laid foundations for ‘Amrit Kaal‘ to pursue the goal of a ‘Viksit Bharat’. The government has articulated well its planning to foster long-term growth drivers for sustainable development, improvement in productivity, and creating opportunities for all. The Budget envisages sustained…

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