Why Did The Govt Increase Long Term Capital Gains Tax? Sitharaman Answers

An increase in short and long-term taxes on capital gains is set to dig deeper into the pockets of investors. Long Term Capital Gains (LTCG) tax will be hiked from 10 to 12.5% while Short Term Capital Gains (STCG) tax on some assets will be increased from 15% to 20%, Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2024 this morning.
#capitalgainstax #budget #nirmalasitharaman
--------------------------------------------------------------------------------------------------------------------------------------------------
For more videos subscribe to our channel: / @ndtvprofitindia
Visit NDTV Profit for more news: www.ndtvprofit...
Don't enter the stock market unaware. Read all Research Reports here: www.ndtvprofit...
Follow NDTV Profit here
Twitter: / ndtvprofitindia , / ndtvprofit
LinkedIn: / ndtvprofit
Instagram: / ndtvprofit
Facebook: / ndtvprofit