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Are LTCG tax rates in India too high? Here is a look at tax rates in other major economies

By Economic Times - 4 months ago
India’s Union Budget 2024 introduced simplified capital gains tax rates, increasing short-term capital gains on equity to 20% and long-term capital gains to 12.5%. These changes aim to rationalize the tax structure. In contrast, China, Australia, France, Germany, Japan, Singapore, Sweden, and the US showcase diverse approaches, reflecting their unique economic policies.

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