No Change in LTCG Tax Under New IT Bill

  Published 11 months ago

Income Tax Dept confirms the 2025 Bill won't alter LTCG or any tax rates, quashing recent media speculation.

  • The draft focuses on simplifying outdated legal provisions, not revising tax rates or altering taxpayer categories.
  • Official statement on X clarified that the bill aims to modernise and streamline the current Income Tax Act of 1961.
  • Any confusion regarding rates will be resolved when the bill is formally passed by the legislature.

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