Has the exemption of Rs.100,000 abolished on Long Term Capital Gains of Shares and Mutual Fund from AY 22-23...??
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Quick Summary
The Rs. 1 lakh exemption for long-term capital gains (LTCG) on shares and mutual funds remains in effect from Assessment Year 2022-23. This exemption is applicable to specified classes of taxpayers. It's important to note that this relief continues to be available for eligible individuals.