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How to save tax on long-term capital Tax gains?

Dec 22nd, 2022 at 14:10   Services   Mumbai   28 views Reference: 4291

Location: Mumbai

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Long term capital gains tax are chargeable to income tax 20 There is no minimum exemption limit prescribed so the entire amount of capital gains will qualify.Profit or gains arising on sale of any “capital asset” is termed as capital gain. ‘Capital’ includes property such as land, vehicles and jewellery, shares and stocks, and securities held by a person.