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Long-term-capital-gain-tax

Long-term-...

Long Term Capital Gain Tax



Definition of Long Term Capital Gain Tax


LTCG tax refers to a tax levied on returns from the sale of investments which have been held for at least three years (long-term assets). The investments can range from mutual funds to x. The LTCG is applicable at 10% for gains in equity mutual funds and stocks, and 20% for gains in debt, real estate and other assets.


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