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Rethinking Tax Treatment of Capital Gains from Securities
Economic and Political Weekly
Vol. 42, No. 4 (Jan. 27 - Feb. 2, 2007), pp. 287-290
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4419183
Page Count: 4
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In July 2004, the United Progressive Alliance government removed long-term capital gains tax and introduced a tax on transactions. There are good reasons - on grounds of revenue, efficiency and equity - to reconsider the abolition of the capital gains tax.
Economic and Political Weekly © 2007 Economic and Political Weekly