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Economy & finance

Cess

A tax raised for a specific purpose, such as education or health. The Union does not share cess revenue with the states.

“Cess” in our stories

ExplainerEconomy

India

Explained: what a cut in long-term capital gains tax on shares could mean for investors

The government is examining whether to lower the 12.5% LTCG rate before the next Budget. Here is how the tax works today, with a worked example.

28 Oct 2026·Rational Times Business Desk·3 min read