The amendments to India's capital gains tax are a positive development, simplifying complex rules and creating a level playing field for listed and unlisted shares, regardless of the seller's residency status. A key change is the uniform 12.5% tax rate on all long-term capital gains, both financial and non-financial. This represents a 2.5% increase for listed shares but a significant reduction from 20% to 12.5% for assets like real estate.
