InvestorQ : How is long term capital gains taxed?
Rutuja Nigam made post

How is long term capital gains taxed?

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Arti Chavan answered.
1 year ago
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Earlier the LTCG falling under the exemption of section 10(38) were not taxable. Union budget 2018 -19 brought in major changes by amending this section. Now LTCG from equity shares if exceeding Rs 1 lakh (without indexing) will be subject to a tax at 10%. This rule will be applicable to transfer taken place after 1st April 2018.

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