Relief worth Rs 12,000 crore for the middle class (Rs 8,000 crore as standard deduction to salaried taxpayers and Rs 4,000 crore to senior citizens) is being cited by the government as it seeks to brazen out the attack from large stock market players grousing against the longterm capital gains (LTCG) tax.
from Times of India http://ift.tt/2nENibP
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