The News Vista is dedicated to delivering accurate, timely, and unbiased news to keep our readers informed. We cover a wide range of topics including current affairs, politics, business, technology, and more.
The government has informed Parliament about no current plans to abolish long-term capital gains tax on equities. Tax policies are revised periodically as part of the annual budgetary process and legislative revisions. This statement addresses investor demands for changes in long-term capital gains tax rates. The minister clarified that tax rates for domestic and overseas investors in equities are the same.
