This is the tax paid on profit generated by an asset, such as real estate, shares or share-oriented products held for a particular time-frame
Devika Arora
6 years ago
Published Date: May 22, 2018
Updated Date: Mar 27, 2024
Long Term Capital Gain (LTGC) tax is paid on profit generated by an asset, such as real estate, shares or share-oriented products held for a particular time-frame. The definition of LTCD may differ for different products.