Union Bank proposes LTCG tax exemption on equity held beyond three years

· thehindubusinessline.com

Union Bank seeks lower LTCG tax on equity and a full exemption beyond three years, along with deposit tax cuts to attract foreign capital and boost savings.

The existing long-term capital gains (LTCG) tax on equity investments should be reduced, with a complete exemption for holdings beyond three years to attract mo...


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