Bursting some myths about LTCG tax – Part 1
“There is nothing more deceptive than an obvious fact.” ―Arthur Conan Doyle In the latest budget, Finance Minister Arun Jaitley, reintroduced Long-term capital gain tax for equity investments starting 1st April 2018. After the imposition of LTCG tax, there was lot of confusion and discussion. I tried to introduce the concept of LTCG tax on equities …