How India’s Long-Term Capital Gains Tax Impacts SMBs and HNIs – Key Changes & Implications
Long-Term Capital Gains (LTCG) tax, a levy imposed on profits realized from the sale of assets held for a specified period (more than 24 months as per the amended provisions), plays a pivotal role in shaping the financial dynamics of small and medium businesses (“SMBs”) and High Net worth Individuals (“HNI”) in India. As these…