Govt collected ₹98,681 cr LTCG tax on listed equities in FY23
The Centre garnered ₹98,681.34 crore from LTCG in 2022-23, up 15% compared with ₹86,075.49 crore collected in FY22.
The Centre garnered ₹98,681.34 crore from LTCG in 2022-23, up 15% compared with ₹86,075.49 crore collected in FY22.
The removal of indexation benefit will increase the tax incidence on property sale, especially for older properties, says Gautam Shahi, director, CRISIL Ratings.
Revenue secretary Tarun Bajaj calls for an absolute review of the capital gains tax regime.