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Capital gains tax is again in the news. It is because of a news published in a foreign news agency which says that the government is working on a mechanism to tweak the tax. However, later the Finance Ministry denied the presence of any such regulation. The impact, however, was clearly visible in the stock market and among investors.
bussinessline’s Shishir Sinha talks to Sunil Gidwani, Partner, Nangia Andersen LLP about the existing capital gain tax regime and the need for its revision.
Listen in.
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