Ltcg News

In last one hour of trade today, there was seen short covering as the news report of the finance ministry deciding to withdraw higher surcharge imposed on FPIs provided the much needed relief. In the Budget announced on July 5, the ...

This is the time of the year when you are asked to submit the various tax-saving investment and expenses that qualify for deductions etc. to adjust the TDS amount to be charged on your salary of the last 3 months of ...

Gains from mutual funds can be in the form of interest or dividends earned from the investments and capital gains on selling the fund. For tax purposes, the time period of holding the mutual fund and the type of mutual fund ...

Like other capital assets, jewellery is also classified under the category and any capital gains made on its sale arises taxation liability even if it was gifted to you by some of your relative. It is to be remembered as well ...

Inheritance tax in India was abolished in 1986. There are some discussions in public forums regarding the reintroduction of inheritance tax, especially for high net worth individuals. This serves to reduce wealth disparity in the community, which in India is surely ...

Before we dig into the concept of grandfathering introduced in Union Budget 2018, with respect to Long Term Capital Gains tax (LTCG) on equity shares, let us understand the meaning of capital gains and tax implications on them. When do you ...

Giving some relief to investors, the government today extended indexation benefit for computing tax liability on the sale of shares listed after January 31, though capital gains arising from such transactions will continue to be taxed at 20 percent. Also Read: How ...