Stcg

Sensex ends 158 pts up on Budget day after 2000 pts-swing, Nifty near 17600

CLOSING BELL: Broader markets were unable to recover from the intra-day lows with BSE Midcap and Smallcap indices dropping up to 1 per cent

Budget wish list: Brokers body wants STT rebate, Rs 1 lakh STCG exemption

Also seeks relaxations in set-off provisions for carry forward business loss

Union Budget 2023-24: Govt mulls options on capital gains tax regime

As preparations begin for the next budget, discussions have gained steam around what the government would do with the capital gains tax regime

Capital gains tax regime needs to be tweaked: Revenue secretary Tarun Bajaj

Revenue secy says rates and holding periods should be streamlined

What's the mystery around 97.8% filers recording zero STCG tax in 2016-17?

Number of those reporting such gains are a fraction of investor count from other sources

Tipping Point

STCG is taxed at slab rates, while LTCG is taxed at 20% with indexation benefit