Decoded: What is capital gains tax, how do India's rules compare to global standards, and why is it causing investor concerns?
Capital gains tax is categorised into short-term capital gains (STCG) and long-term capital gains (LTCG), depending on the holding period of the asset.
Canada: Currently 50 per cent of capital gains are taxable, rising to two-thirds for gains exceeding CAD 2,50,000 from 24 June 2024.
The story "What are capital gains tax: Are they the Indian govt's 'biggest mistake'?" has 1087 words across 45 sentences, which will take approximately 5 - 10 minutes for the average person to read.
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The story "What are capital gains tax: Are they the Indian govt's 'biggest mistake'?" was covered 13 hours ago by Business Standard, a news publisher based in India.
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