BJP’s southern allies, the Telugu Desam Party (TDP) and Jana Sena Party, have called for the rollback of GST on health and life insurance, as well as for reductions in long-term capital gains tax. During a Lok Sabha discussion on the Budget, TDP’s Narasaraopet MP Lavu Srikrishna Devarayalu argued for a decrease in long-term capital gains tax and a return to indexation benefits.
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