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Two types– Long term capital gains (LTCG), Short term capital gains (STCG)But first what is indexation?Indexation in capital gains tax adjusts the purchase price of an asset for inflation, reducing taxable gains and lowering the tax burden. Set-off provisions for capital losses Loss on a long-term capital asset can only be set off against gains from another long-term capital asset …
Read More »Union Budget 2025: What you need to know to DOGE the punches – The Times of India
