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Imposing LTCG Tax is right for India?

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In 2018 budget, indian finance minister announced Long Term Capital Gain(LTCG) Tax.  It is not new to indian market, it was there till 2004 and reintroduced again in 2018. Let us discuss first what is LTCG Tax. LTCG tax is tax on profit we earn from stock market or mutual funds. The investment is more than 1 year, the earning from equity mutual fund is not taxable till March 2018.   From 2018...

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