0% LTCG Tax in India: Finance Expert Presents a Compelling Case for Reform
2025-03-05
Business Today
Finance expert Akshat Shrivastava argues that India's high tax rates, such as the 30% capital gains tax in Sweden, are not justified given the limited returns taxpayers receive for essential services. He makes a case for a 0% long-term capital gains tax in India, citing the need for tax reform to benefit citizens. With the current tax system under scrutiny, Shrivastava's proposal has sparked debate about the fairness of India's taxation policies and the potential for a more equitable system, including tax deductions and exemptions for long-term investments.
