Central Govt is losing , daily , tens of crores of revenue by way of lost Securities Transaction Tax ( STT ) and GST as there is no equity trading in Metropolitan Stock Exchange. and CSE.
Instead of imposing Long Term Capital Gains Tax ( LTCG ) Govt. can make more money by making SEBI ensure that Equity trading takes place in Metropolitan Stock Exchange and Calcutta Stock Exchange.
For more on Metropolitan Stock Exchange , please click :-
For more on Calcutta Stock Exchange
Calculating Long Term Capital Gains Tax
Long Term Tax - Short Term Memory
Securities Transaction Tax ( STT ) was introduced in lieu of Long Term Capital Gains Tax ( LTCG.) Now , Govt. has imposed both.
No Relief in Income Tax for Physically Handicapped Indians.
In India, if Physically Handicapped pay Income Tax why cannot Rich / Super Rich Farmers ?