Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Finance Ministry Rules Out Abolishing LTCG Tax Amid Market Volatility
Update / Judgement Date
30 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Finance Ministry has ruled out abolishing the Long-Term Capital Gains (LTCG) tax despite market volatility. This decision aims to maintain a stable tax regime and ensure consistent revenue collection. The Ministry's stance reflects its commitment to long-term fiscal policies. It provides clarity to investors regarding the tax treatment of capital gains. This announcement seeks to minimize disruptions in the financial markets.