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Budget 2018: LTCG tax on equities and equity mutual funds

The LTCG tax, arising out of the sale of equity-oriented mutual fund schemes as well as from direct equity shares, will now be taxed at the rate of 10%

2 min read2 Feb 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.

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