All you need to know about Long Term Capital Gain (LTCG) Tax

All you need to know about Long Term Capital Gain Tax

What is long-term capital gains (LTCG) tax? LTCG is a tax paid on profit generated by an asset such as shares, equity, real estate or share-oriented products held for a particular time-period. The meaning of Long-term Capital Gains, or LTCG, is diverse for different items. Why is LTCG tax in the news now? In the Budget of 2018, Finance Minister Arun Jaitley, re-introduced the LTCG tax on stocks. Investors who got a profit exceeding 1 lakh rupees from the sale of a share [...]

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