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We are slowly moving towards a system of 30% taxation on capital gains. [1] A lot of retail folks used to enjoy the indexation benefits on Debt mutual Funds. This was taken away in 2023. Rational? Well, Equities have no indexation-- why should

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Tarun Suthar

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The Institute of Chartered Accountants of IndiaĀ ā€¢Ā 7m

poor people pay high taxes and rich people pay close to no tax.

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Can anyone explain these to me we buy car and pay taxes on it and also pay toll tax on it and again use petrol which is taxed why are we paying these? Can anyone explain.

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