Long term capital gains tax - RBI's view

From RBI’s interaction with media today - you can watch the clip here

The taxation on capital in India is from several sources and I think that then at the marginal rate, it adds up

There is the corporate tax on companies, dividend distribution tax, a tax for dividend income above Rs. 10 lakh, a securities transaction tax and also capital gains tax which already exist in the economy,

There are five taxes on capital and that would obviously also have an impact on investments and savings decisions

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