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Earlier LTCG tax was zero on equity schemes(Equity mutual funds and shares).  In 2018 budget, Indian finance minister announced Long Term Capital Gain(LTCG) Tax.  Long term capital gains exceeding Rs 1 lakh at the rate of 10 per cent without allowing the benefit of any indexation.  The expectation in 2020 Budget is that revert the LTCG tax for mutual fund ...