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Abolish Long-Term Capital Gains Tax On Real Estate, Gold: Mohandas Pai
Time has come to tackle sources of black money, says T V Mohandas Pai Land, property registration charges estimated at Rs 1 lakh crore, he adds Gold 'another big store of black money', says former Infosys CFO
13 Jan 2017, 05:44 PM IST 
Tech investor T V Mohandas Pai said time has come to tackle the sources of black money.
Hyderabad: Tech investor T V Mohandas Pai on Tuesday pitched for abolishing capital gains tax on sale of land and property, and gold if held for more than three years, amidst reports that real estate and the yellow metal generate the largest quantum of black money.
Stating that time has now come to tackle the sources of black money after demonetisation, the former chief financial officer of IT major Infosys Ltd said registration cha...
