The Union Cabinet on Thursday approved the DTC ( Direct Taxes Code) Bill to simplify the country's archaic direct tax laws. The government will now seek approval on Monday from parliament where the bill is expected to go through as the measure enjoys broad political support.
From the stock market's perspective, the long term capital gain tax still remains zero. So if you hold a stock for more than 1 year the gain made from it is not taxable.
No comments:
Post a Comment