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A comparative look at India's LTCG rates in tandem with peers like UAE, Singapore, China, USA and others

By Economic Times - 3 months ago
The Union Budget 2024 significantly altered India's capital gains tax regime. LTCG tax rates rose from 10% to 12.5%, and the indexation benefit was removed. These changes aim to simplify the tax system and align India with global standards, making it a competitive investment destination for domestic and international investors.

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