The computation of capital gains on shares is a complex subject in India considering that there are many factors that need to be considered such as the period of holding, way of purchase, gift, inheritance, and others.
Union Finance Minister Nirmala Sitharaman gave a cryptic responses to concerns about high taxes on stock market brokers and real estate transactions, stating that the government benefits heavily from these taxes without sharing operational burdens. She urged the Bombay Stock Exchange to collaborate with SEBI to enhance investor confidence and warned retail investors of the risks associated with the derivatives market, stating that an unchecked explosion in riskier futures & options could potentially cause problems in household finances.
Union Finance Minister Nirmala Sitharaman faced significant online backlash due to her cryptic response regarding the high taxes imposed on stock market brokers and real estate transactions……….. - Newsx