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LTCG spooks markets

LTCG spooks markets

Equity markets are all about surprises. They didn’t react to the initial budget announcements on rural development. But what shook them was the announcement on long-term capital gains tax.

The Free Ride is Over

The Free Ride is Over

Mid-cap stocks are likely to lose their lustre in the country’s capital markets as Finance Minister Arun Jaitley proposes to re-introduce long-term capital gains tax.