Tag: long term capital gains

LTCG Tax: Govt mopped up Rs 98,681 cr from taxing long term capital gains in listed equities in FY23: M0S Pankaj Chaudhary
Posted in Economy

LTCG Tax: Govt mopped up Rs 98,681 cr from taxing long term capital gains in listed equities in FY23: M0S Pankaj Chaudhary

NEW DELHI: The government has garnered Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, a 15 per cent growth…

Continue Reading
Inside Image (1).
Posted in Economy

Capital gains tax rationalisation was industry’s demand, says Revenue Secy

Revenue secretary Sanjay Malhotra Friday defended the government’s decision to rationalise the capital gains tax regime saying that the industry itself had demanded rationalisation of…

Continue Reading
LTCG Budget tax: Are LTCG tax rates in India too high? Here is a look at tax rates in other major economies
Posted in Economy

LTCG Budget tax: Are LTCG tax rates in India too high? Here is a look at tax rates in other major economies

The landscape of capital gains taxation across different geographies/jurisdictions presents a complex tapestry of rates and regulations that reflect the economic policies and fiscal objectives…

Continue Reading
The Union Budget hiked the STCG tax on equity mutual funds to 20 per cent from the current 15 per cent.
Posted in Business

Budget 2024: How your SIPs will be taxed after capital gains rate changes

Jul 24, 2024 02:19 PM IST Union Budget raises capital gains tax on equity funds, SIPs to be impacted. Here’s how Finance minister Nirmala Sitharaman…

Continue Reading
NRIs want Budget 2024 to ease 6 tax troubles: TDS on property sale, disparity in LTCG, dividend taxation and others
Posted in Finance

NRIs want Budget 2024 to ease 6 tax troubles: TDS on property sale, disparity in LTCG, dividend taxation and others

Under Indian tax laws, NRIs are taxable in relation to their income sourced in India for example, capital gains from investments in shares and other…

Continue Reading
Budget 2023 should remove this anomaly to make claiming tax exemption on LTCG under section 54F easier
Posted in Finance

Budget 2023 should remove this anomaly to make claiming tax exemption on LTCG under section 54F easier

What is the key to success? Invest, Earn, Reinvest. But can you reinvest what you have never received? The obvious answer is No. However, the…

Continue Reading