Govt Issues Clarification on CGT after Agreement with Investors

Jun 04, 2023 12:04 PM Merolagani



Following an agreement between the government and investors regarding capital gain tax, the government has issued a clarification regarding CGT. 

As per the agreement, the 7.5 percent and 5 percent tax payable by the investors in capital gain is the final tax for the transaction.

After the agreement, investors have agreed to open the market.