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How does India's capital gains tax compare with that of other countries?
short by Hiral / on Saturday, 27 July, 2024
Long-term capital gains are now taxed at 12.5%, while short-term gains are taxed at 20% in India. China charges 20% flat tax on all assets, but gains from sale of shares are exempted. US imposes up to 20% depending on taxable income, while Japan levies 20.315% on profit from share sale. Singapore, UAE, Mauritius do not impose capital gains tax.
read more at Times Now