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LONG TERM CAPITAL GAINS TAX MAY BE ABOLISHED: INDIAN FM.
NEW DELHI, March 3 Asia Pulse - A day after presenting the budget, Finance Minister Jaswant Singh said Saturday he will consider abolishing long-term capital gains tax totally if the difficult war-like situation in Iraq and drought condition in the country eases.
"There are constraints in managing the economy because of the uniquely combined challenge of drought situation, war like situation in Iraq, crude oil prices soaring to $35 a barrel and recalcitrant neighbour," ...
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Source: HighBeam Research, LONG TERM CAPITAL GAINS TAX MAY BE ABOLISHED: INDIAN FM.