#budget2024 | Finance Minister on capital gains

#1 Average taxation has come down for asset classes

#2 This encourages investment in the market

#3 Average LTCG taxation has come down for asset classes below average to 12. 5%

#4 Attempt to widen tax net has been made. It has to be widened for both direct and indirect tax

#5 PSU dividends have gone up. Non-tax revenue mobilisation is happening

#6 Idea is to utilise asset monetisation better rather than selling assets