Charticle: Budget 2018: Capital gains on equities across the globe

Here is a quick look at how capital gains on equities is taxed across the globe

Foreign institutional investors (FIIs) have voiced their concern on reintroduction of long-term capital gains tax on equities in the upcoming Union Budget to be announced on February 1.

Currently, long term capital gains (LTCG) on sale of listed securities is exempt from tax. Simply put, LTCG is profit on sale of shares listed on a stock exchange platform after a holding period of one year or more. On the other hand, short term capital gains (STCG), is the profit on sale of shares held for less than 12 months, and is taxed at a flat rate of 15 per cent. Besides,