What is the rationale behind having different tax rates for long- and short-term capital gains? - Quora
![Initial public offerings, bonus and rights issues will be eligible for concessional rate of 10% long-term capital gains (LTCG) tax even if the Securities Transaction Tax (STT) has not been paid earlier. Initial public offerings, bonus and rights issues will be eligible for concessional rate of 10% long-term capital gains (LTCG) tax even if the Securities Transaction Tax (STT) has not been paid earlier.](https://vajiramandravi.s3.us-east-1.amazonaws.com/media/2018/12/19/10/39/23/6.png)
Initial public offerings, bonus and rights issues will be eligible for concessional rate of 10% long-term capital gains (LTCG) tax even if the Securities Transaction Tax (STT) has not been paid earlier.
![Jim Hilker: Tax Considerations When Exiting Dairy Farming - Department of Agricultural, Food, and Resource Economics Jim Hilker: Tax Considerations When Exiting Dairy Farming - Department of Agricultural, Food, and Resource Economics](https://www.canr.msu.edu/afre/Screen%20Shot%202019-05-21%20at%2011.35.41%20AM.png)