The 10% long-term capital gains (LTCG) tax imposed on profit above ₹1 lakh in the last Budget will, in all probability, continue in this year's Budget, sources said.
The sources said that there were neither chances of a hike above 10% nor of an increase in exemption limit above ₹1 lakh.
The long-term capital gains tax was imposed on shares being held for more than one year. Investors in equity-oriented mutual funds were also included in the LTCG tax net.
