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Tax Applicable On Long Term Capital Gain As Per Financial Budget 2018-19 (Doc ID 2416106.1)

Last updated on JULY 23, 2018

Applies to:

Oracle FLEXCUBE Private Banking - Version 2.0 and later
Information in this document applies to any platform.

Goal

As part of regulatory change according to Budget 2018-19, the long term capital gain (LTCG) should be taxed at 10%. Corresponding changes needs to be implemented in Oracle FLEXCUBE Private Banking product (FCPB).

Solution

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