Who loses or gains from this Budget's LTCG tax change?

The Budget's increased tax on capital gains from stocks and equity funds impacted investors differently. Those with gains up to Rs 2 lakh saw a lower tax liability due to the raised exemption threshold. To save on taxes, investors can harvest tax-free long-term gains by selling and repurchasing stocks within the exemption limit.

Jul 30, 2024 - 09:30
Who loses or gains from this Budget's LTCG tax change?
The Budget's increased tax on capital gains from stocks and equity funds impacted investors differently. Those with gains up to Rs 2 lakh saw a lower tax liability due to the raised exemption threshold. To save on taxes, investors can harvest tax-free long-term gains by selling and repurchasing stocks within the exemption limit.