A rollback of the LTCG entirely may also be on the cards. Experts claim that in order to boost investments, doing away with LTCG levied on equity is also an option up for consideration.
Changes to the LTCG tax could make all the difference in the world for investors, enabling them to secure higher returns and thereby, more purchasing power.
If you, too, are looking to invest in the long run, avail high returns and also save on taxes, you don’t have to wait for changes in the LTCG tax to be implemented. You can do so by investing in ULIPs (Unit Linked Insurance Plan) - one of the only market instruments to be exempted from LTCG tax. ULIPs come with three benefits including insurance, investment and tax-savings. You can opt for ULIPs on Bajaj Markets and choose from three different plans - Retirement Plan, Child Plan or Investment Plan - as per your unique needs and goals.