Budget expectations 2025: Do away with either capital gains tax or STT; lower income tax: Vikas Khemani

by pulseadmin January 23, 2025, 10:14 am 160 Views

Vikas Khemani, Founder, Carnelian Asset Management, says in India, both capital gains tax and STT exist, which is strange. STT was introduced when capital gains were removed. Now that capital gains are back, STT is still here. The STT collections are around Rs 35,000-40,000 crore. It is unfair…