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Ambareesh

Ambareesh Baliga  | Answer  |Ask -

Stock Market Expert - Answered on Feb 05, 2023

Ambareesh Baliga has 35 years of experience in different facets of the Indian equity market. In his long career, he has headed businesses in wealth management, fund management, corporate advisory, investment banking, retail finance and stock broking. Currently an independent strategy advisor to ultra high networth individuals and family offices, he regularly features as an expert on CNBC, CNBC Awaaz, NDTV and Zee Business. In the past, Baliga has worked with organisations such as Price Waterhouse, Kotak, Karvy, Way2Wealth and Edelweiss.... more
Naresh Question by Naresh on Feb 05, 2023Hindi
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Is LTCG upto 1 lakh exempted under revised New tax regime and what about LTC ALLOWNCE?

Ans: LTCG upto 1 lac continues to be exempted under the New Tax Regime but LTC allowance is not available. (Disclaimer : The views given are personal. Please consult your CA or Tax Consultant before acting on my views)
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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