capital gains tax proposal reddit
This provision was introduced with effect. In India long-term capital gains on listed equities held for more than a year is taxed at 10 on the portion of such gain above a threshold of 1 lakh.
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. Bloomberg cited people familiar with the proposal and said the plan would boost the capital gains rate to 396 for those earning 1 million or more 896. Plus a 38 surcharge that was added during Obamas term.
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