Latest News Today Live Updates: July 27, 2024 – Real-time Updates on Domestic and Global Happenings

Title: Netizen Shares Hilarious Advice on How to Avoid Capital Gains Tax Amid Recent Changes

In a recent update on 27th July 2024, a netizen shared some hilarious advice on how to avoid capital gains tax in the wake of recent changes made by Finance Minister Nirmala Sitharaman. The netizen’s advice comes after the Finance Minister increased the Long-Term Capital Gain (LTCG) Tax from 10% to 12.50% and raised the Short-Term Capital Gain (STCG) Tax from 15% to 20% in Budget 2024.

The netizen, in a light-hearted manner, suggested a creative way to avoid paying the increased taxes on capital gains. The advice, which was shared online, humorously stated, “Not many know this… but to avoid capital gains tax, just don’t make any gains! Problem solved!”

The post quickly gained traction online, with many users appreciating the wit and humor in the advice. While the suggestion may not be practical in reality, it served as a comic relief amid discussions on the financial implications of the recent tax changes.

As the debate on taxation and financial policies continues, netizens are finding ways to inject humor into the conversation. This funny take on avoiding capital gains tax showcases the creativity and light-heartedness of individuals amidst serious economic discussions.

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