Budget 2018: The how, what, when, where and why of Arun Jaitley's LTCG tax

FM Arun Jaitley has re-introduce long-term capital gains tax on sale of listed equity shares exceeding Rs 100,000 at 10%, without allowing any indexation benefit

FM Arun Jaitley in his 2018 Union Budget speech has proposed to re-introduce long-term capital gains tax on the transfer of listed equity shares, at 10 per cent, without allowing any indexation benefit. However, all gains up to 31 January, 2018 will be grandfathered.

FAQs on LTCG tax

Long-term capital gains (LTCG) tax on equity investments has been reintroduced after 14 years. Until now, gains made on shares held for more than a year were exempt from taxes. The Union Budget proposes to levy LTCG tax of 10 per cent starting April 1. Most of your FAQs