(Illustration: C R Sasikumar)Another year has started, another Budget is round the corner, and another fateful year for the Indian economy. 2018-19 was the year when the slide began and the growth rate dipped in every quarter (8.0, 7.0. 2019-20 was the wasted year when the government refused to heed warnings and allowed the growth rate to collapse to below 5 per cent. Because of its ostrich-like attitude, the government has rejected every correct remedial measure and has, instead, taken the wrong measures. Abolition or reduction of the tax on Long Term Capital Gains realised after holding the security for two years.

Source: Indian Express January 25, 2020 18:44 UTC