Hikes in both short-term capital gains (STCG) and long-term capital gains (LTCG) taxes are bound to affect investor perspective while managing capital assets. The Union Budget 2023-24 has increased the tax rate on STCG, previously at 15 per cent to 20 per cent. The tax rate on LTCG is now 12.5 per cent compared to the previous 10 per cent
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