Govt Rejects Demands to Abolish Long-Term Capital Gains Tax on Equities, 12.5% LTCG Tax Structure Remain Unchanged

The Indian government has dismissed reports of the removal of the Long-Term Capital Gains (LTCG) tax on equities, confirming via a written reply in Parliament that no such restructuring plan is under consideration.The clarification puts an end to ongoing stock market rumors. With

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