Tax iceberg LTCG for Investors
This blog we discuss financial planning question answers related to stock and more we facing lot of Taxes for way to government like LTGC more than 2 lakh crore so we discuss in this article taxpayer and government.
Invest more to make up lower return for future.
As per government as per government budget the 10% tax on long term gains from equity eat your portfolio return. now you need to invest more to build more to build the Desire Corpus.
This article based on budget 2018 by Finance Minister Arun Jaitley, one of the biggest fears of equity investor has come true long term capital gain tax point expectedly the announcement made by Finance Minister make unstable within short period aby unusual unsupported decision in assembly.
Market has expected and accepted grandfathering of gaines till 2008 point it will realise the other negative like continuity of STT not providing index benefit too long term equity investors.
Prabhakar dalvi
Dt. 11-03-2018