Exit with indexation should be offered

When the government reintroduced taxation on listed equity in 2018, it took care to exempt capital gains accrued until the date of the 2018 budget

Two friends, Ram and Shyam, were travelling on a train when robbers started looting its passengers. Shyam owed some money to Ram. Before the robbers could reach them, Shyam took the money from his pocket and repaid his loan to Ram. Ram could not refuse the money, even though he knew he would shortly lose it to the robbers.

The debate about removing indexation benefits reminded me of this amusing story. There are three main ways in which capital gains taxation is levied worldwide. Each method seeks to acknowledge that the “real” capital gains are lower than the