The Union Budget of 2025 clarified that FPIs will have to pay Long-term Capital Gains Tax (LTCG) of 12.5% from the earlier rate of 10%. The tax is applicable for listed bonds, debentures and listed preference shares as well.
The Union Budget of 2025 clarified that FPIs will have to pay Long-term Capital Gains Tax (LTCG) of 12.5% from the earlier rate of 10%. The tax is applicable for listed bonds, debentures and listed preference shares as well.