LTCG Tax alone can fund National Health Protection Scheme
Finance Minister Arun Jaitley on Thursday said that the Long-term Capital Gain (LTCG) tax alone will be enough to cover the bill for Centre's National Health Protection Scheme and to fund the minimum support price (MSP) payment to farmers. The proposed LTCG tax is a 10% charge to be levied on equity investments with gains of over â¹1 lakh.