If you are a long term investor, then ideally this should not matter. Benjamin Franklin once said two things are certain – death and taxes!<\/p>\n\n\n\n
The LTCG of 10% does not impact most people and also has an exemption of Rs 1 lakhs. This is because average equity folio size in India is about Rs 80,000.<\/p>\n\n\n\n
I feel it is unlikely government will roll back this measure, anytime soon. If at all, they might increase the exemption limit to Rs 2 lakhs. This will keep almost 99% people out of the LTCG net. The Government might think that the remaining 1% can afford to pay the tax.<\/p>\n\n\n\n\n
Maxiom Wealth \u2014 Free Tool<\/p>\n
Capital gains tax on equity, HRA exemptions, 80C deductions \u2014 it all adds up. Use our tax calculators to plan smarter before the financial year ends.<\/p>\n Capital Gains Tax Calculator \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":" If you are a long term investor, then ideally this should not matter. Benjamin Franklin once said two things are certain – death and taxes! The LTCG of 10% does not impact most people and also has an exemption of Rs 1 lakhs. This is because average equity folio size in India is about Rs… Read More »Are there any possibilities that the LTCG will be taken off in the future? What macro situations will the finance minster consider?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,99],"tags":[],"class_list":["post-1510","post","type-post","status-publish","format-standard","hentry","category-investments","category-taxation"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1510"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1510\/revisions"}],"predecessor-version":[{"id":3473,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1510\/revisions\/3473"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}