PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10% ahead of Budget 2027-28

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The PHD Chamber of Commerce and Industry (PHDCCI) has urged the government to abolish long-term capital gains (LTCG) tax on equity investments and reduce short-term capital gains (STCG) tax from 20 per cent to 10 per cent as part of its recommendations for the Union Budget 2027-28.

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PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10% ahead of Budget 2027-28

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