Updated LTCG and STCG tax rates: What investors need to know before selling equities, bonds, GDRs, and FCCBs
The Income-tax framework has undergone key changes as Income Tax Department has recently updated the capital gains taxation table, especially taxation on securities-related income earned by residents, non-residents, and foreign institutional investors The new tax regime now mandates higher capital gains tax rates on equity transactions and introduces revised thresholds for long-term capital gains (LTCG)…