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2024

Get over LTCG tax shock! 9 booster dosages in Budget 2024 that will reward equity investors handsomely in the long run

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Equity sectors to bet: The Budget 2024 has rationalised the capital gains regime taxation. The benefit of indexation has been partially taken away from houses, land and buildings purchased on or after July 23, 2024. The LTCG tax rate on equity has been hiked to 12.5%. However, it has also provided the guidance on sectors that are likely to reward equity investors in long run.