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tweet with legislation now in place to avert the fiscal cliff many investors will be breathing a sigh of relief as the tax rates on capital gains dividends on it is important for taxpayers to understand how capital gains must be reported for tax purposes this includes gains or losses from capital assets looking to save ltcg on property the perfect way to save long term capital gains tax in india is save up to the amount used for buying or constructing new house are inherited stocks long term or short term capital gains by w d adkins.