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Mint, 3 Nov, 09:21

Can India abolish LTCG tax? SBI Research says Centre has ‘fiscal headroom’ to absorb loss, suggests alternatives

SBI Research says India has enough ‘fiscal headroom’ to abolish long-term capital gains tax (LTGC) and absorb the loss of potential ₹40,000- 50,000 in FY28 revenue. Instead, it suggests higher exemptions, lower rates…

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