Capital Gains Tax News

While presenting the Union Budget 2021, providing relief to startups, the Finance Minister extended the tax holiday by one more year to March 2022. Nonetheless, experts opine that since most of the startups are incurring losses, the move will have ...

After IL&FS default and rating downgrades of other fixed income instrument hit investors hard, they are now flocking to other safe avenues that have the government of India backing and at the same time are tax efficient yielding better returns. ...

As per the Mumbai bench of the Income Tax Appellate Tribunal say in Mid-November, the conversion of company into Limited Liability Partnership falls under the definition of ‘transfer' and hence will be liable to capital gains tax. The concept of ...

Income tax return filing requires mandatory disclosure of assets held, income from different sources whether or not liable to tax as well as capital gains realized in a given year. So, in case you also have made capital gains on selling ...

For the subscription that opens today until December 6th, 2017, the government has fixed the price at Rs. 2952 per gram of sovereign gold bond. Online investors will be eligible for a discount of Rs. 50. The finance ministry statement ...

The government has been wise enough to well time the launch of its third tranche of sovereign gold bonds or SGBs just ahead of the festivities. Sale of gold increases substantially as part of the age-old practice and in line ...

Equities enjoy favoritism when it comes to treating them for long term capital gains tax. If you hold shares for over one year and sell the same at a profit, you do not end-up paying capital taxes. On the other ...