Government Revises Long-Term Capital Gains Tax Policy: Implications and Reactions

8th August, 2024: In a recent move, the government has announced significant changes regarding the long-term capital gains (LTCG) tax, aiming to redefine the taxation framework for investors. This decision comes amidst a backdrop of economic considerations and aims to balance revenue generation with investor sentiments.  The new policy includes revisions to the LTCG tax structure, which has garnered attention and mixed reactions from various…