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How LTCG destroyed wealth

Source: Valentis Research

2 replies on “How LTCG destroyed wealth”

Not only that, even losses are being for ‘carry-forward loss’ so that the same can be adjusted against future ltcg.
Government has gained nothing by introducing LTCG which was fundamentally an extremely draconian and wrong taxation measure when STT was being levied separately.
There should have been only one tax – either STT or LTCG. And not both.

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