It’s taxing: Pay tax on long-term cap gains, even if your taxable income is below Rs. 5 lakh –…
MUMBAI: Income-tax (I-T) is a progressive tax mechanism, the more you earn the more you pay. Understandably, the very rich, having a taxable income of over Rs. 5 crore pay tax at the rate of 42.74%, whereas those having a taxable income of…