Long-term capital gains tax (LTCG)

What is long-term capital gains (LTCG) tax?

It is the tax paid on revenue generated by an asset such as real estate, shares or share-oriented products held for a longer time than 12 months before it was sold. The definition of Long-term Capital Gains, or LTCG, is different for various products.

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GST and its impact on stocks

The most significant tax reform of India, i.e., the GST or Goods and Services Tax, will eventually become a reality from 1st July 2017. The Lok Sabha passed on 4 significant legislations to introduce a nationwide Goods and Services Tax (GST) bringing India nearer to a uniform tax dominion and while putting an ending uncertainty which is positive for markets.

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