source avatarMoney Guru Digital

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🇮🇳INDIA’S FINANCE MINISTRY CLARIFIES CAPITAL GAINS TAX RULES India’s Finance Ministry confirmed in Parliament: • ₹1.29 lakh crore was collected as Long-Term Capital Gains (LTCG) tax on equity transactions in FY 2024–25. • There are no plans to remove LTCG tax for domestic or retail investors. • Foreign Portfolio Investors (FPIs) will continue paying LTCG tax on equity investments. • Only FPIs investing in Government Securities will be exempt from tax on interest and capital gains starting April 1, 2026.

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