Rajiv Mathur is surprised by the criticism for the proposed LTCG tax. “Why should anybody mind paying 10% of his gains in tax?” asks the Delhi-based retiree who has been investing in equity mutual funds for almost two decades. Mathur’s portfolio is not very big because he cashed out last year to fund the purchase of a house. His total investments in equity funds is only Rs 2 lakh, and his gains are unlikely to cross the tax-free limit of Rs 1 lakh for several years.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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