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hi this is PR Sundar and welcome to this special episode uh where Im going to talk about a sensitive topic and the hunt discussion among the trading Community uh is the budget and every year budget comes a lot of expectations a lot of rumors and in 2018 there was a strong rumor that the capital gain tax will be introduced for long-term capital gain before 2018 there was no long-term capital gain tax it was Zero the long-term capital gain tax was introduced and our markets Fell in 2018. This Time Around rumors are floating around once again related to long-term capital gain back so there are two rumors one the definition of long-term capital gain will be changed from one year to three year in fact for all other asset classes long-term capital gain is more than three years only for Equity it is kept as one year it may be revised to three years and that will be a very bad news when you come to stock market the second rumor that is floating around instead of a concessional tax rate of 10
