Budget 2024: Is tax on long-term capital gains fair, even if individual is in nil bracket?

Budget 2024 expectations: The long-term capital gains tax provisions are not fair to certain taxpayers, and this requires an amendment in the upcoming Budget 2024. Income-tax (I-T) is a progressive tax mechanism, the more you earn the more you pay.

Budget 2024: Is tax on long-term capital gains fair, even if individual is in nil bracket?

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Budget 2024 expectations: The long-term capital gains tax provisions are not fair to certain taxpayers, and this requires an amendment in the upcoming Budget 2024. Income-tax (I-T) is a progressive tax mechanism, the more you earn the more you pay.