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Make long-term capital gains tax-free & keep short-term as is: Gurmeet Chadha THE NEW INDIAN

Summary by THE NEW INDIAN
NEW DELHI: Gurmeet Chadha, CIO at Complete Circle, has urged Finance Minister Nirmala Sitharaman to change capital gains tax rules. In his tweet on X, he said that the long-term capital gains (LTCG) tax on equities should be tax-free. He also suggested increasing the tenure for LTCG to two years. Addressing the finance minister, Chadha wrote, “Honourable FM Sitharaman, one request—increase the tenure of LTCG for equities to 2 years & make tax ni…
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THE NEW INDIANTHE NEW INDIAN

Make long-term capital gains tax-free & keep short-term as is: Gurmeet Chadha THE NEW INDIAN

NEW DELHI: Gurmeet Chadha, CIO at Complete Circle, has urged Finance Minister Nirmala Sitharaman to change capital gains tax rules. In his tweet on X, he said that the long-term capital gains (LTCG) tax on equities should be tax-free. He also suggested increasing the tenure for LTCG to two years. Addressing the finance minister, Chadha wrote, “Honourable FM Sitharaman, one request—increase the tenure of LTCG for equities to 2 years & make tax ni…

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THE NEW INDIAN broke the news in on Sunday, March 2, 2025.
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