The Budget's tax revisions, including the rationalization of LTCG and STCG rates, aim for simplicity and fairness. While there’s concern about potential investor losses, the objective is to streamline capital gains tax and ensure fiscal prudence, rather than influence rating agencies. T.V. Somanathan, Finance Secretary, Ministry of Finance and Tuhin Kanta Pandey, Secy, DIPAM shares his views.
#budget #budgettax #taxchanges #etnow #etnownews #topnews
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