Cong calls for extension of Indexation benefits to saving schemes, fixed deposits ...Middle East

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New Delhi:  The Congress on Wednesday said that the government’s proposal of offering two tax rates for long-term capital gains tax (LTCG) on properties is not enough and demanded that the indexation benefits be extended for other forms of savings including stocks, debts, fixed deposits and other similar investment tools. Professionals’ Congress chairman Praveen Chakravarty said that the two options for individuals was a welcome move and this would help 7 crore taxpayers population in getting rebates while filing their income tax returns. “Leader of the Opposition Rahul Gandhi in his response to the Union Budget categorically said in Parliament that this was a betrayal of the middle class t

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