Impact of new capital gains taxes on PMS investments of UHNI investors
The Union Budget for 2024-25 increased the short-term capital gains (STCG) tax rate from 15% to 20% and the long-term capital gains (LTCG) tax rate from 10% to 12.5%. This …
The Union Budget for 2024-25 increased the short-term capital gains (STCG) tax rate from 15% to 20% and the long-term capital gains (LTCG) tax rate from 10% to 12.5%. This …
“We also foresee reforms to attract foreign investment, simplification of the tax regime, and prioritization of sustainability and green energy,” says Gurpreet Sidana, CEO- Religare Broking Ltd. In an interview …