Published On : Thu, Feb 1st, 2018

LTCG above Rs 1 lakh taxed at 10%, Sensex crashe

Advertisement

New Delhi: Long term capital gains exceeding Rs 1 lakh from sale of equities to be taxed at 10% without allowing benefit of indexation if the share is sold after January 31, 2018, says Jaitley.

Soon after he made the announcement the BSE Sensex crashed by over 400 points, to recover a little subsequently. But it is clear the investors are deeply upset over this move.

Today’s Rate
Sat 16 Nov. 2024
Gold 24 KT 74,500 /-
Gold 22 KT 769,300 /-
Silver / Kg 89,300/-
Platinum 44,000 /-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above
Advertisement