Tax Policy

STOCK MARKET | SAMIR ARORA | TAX | LTCG | STCG | MONEY Market veteran Samir Arora has expressed disappointment over the hike in long term and short term capital gains tax. He believes that India may become less attractive to investors on a post-tax basis. He also pointed out fund managers and analysts for downplaying the impact of tax change. Watch the full video to know what he thinks about LTCG and STCG tax hikes in the Union Budget 2024!

Several policies in this area have the attractive property of meeting political goals, while simultaneously improving the quality of people's lives

New tax appeal rules will also reduce the cost of recovering tax dues and help in improving the ease of doing business in the country

The raised threshold is expected to ensure that the resources of the revenue department will be utilised more selectively

The proposed direct tax code, the draft of which will be ready by July, will extend 25% corporate tax rate to all firms over time and provide relief to individual income tax payers

The proposed direct tax code, the draft of which will be ready by July, will extend 25% corporate tax rate to all firms over time and provide relief to individual income tax payers

Ramesh Abhishek, secretary, DIPP on start-ups, tax policies for start-ups and the government's Make in India scheme

Any decision on the LTCG tax should be seen as part of a broader policy framework to boost capital investments while providing the government more money for genuine public goods

The law will have to clearly separate the entity availing legitimate tax benefits from the one seeking to avoid taxes

In an effort to give more certainty in taxation to investors, govt has decided to change the way it implements amendments in law proposed every year as part of the annual budget