Thu, Oct 24, 2024
Investors always try to opt for top-notch investment that gives higher returns in long term. Thus, let’s check out how much corpus can an investor accumulate in mutual fund systematic investment plan (SIP) and lump sum investment methods with Rs 6 lakh investment in 5 years.
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Wed, Jul 24, 2024
What will be the impact of increasing capital gains tax on the market? What is the real reason for reducing import duty on gold? Watch and know the opinion of Vijay Mantri, Co-Founder, JRL Money
Tue, Jul 23, 2024
What are the chances of a populist budget? Can low earning people and service class get relief? How likely is STT, long term and short term capital gains to increase? What will be the focus to increase employment?
Wed, Apr 17, 2024
Mutual Fund Tax Treatment: As per Indian tax laws, any equity fund with more than 65 per cent exposure in Indian equities are defined as an “equity funds” for tax purposes. Gains from equity funds are taxed at 15 per cent if sold within 12 months (short-term capital gains), and at 10 per cent, if sold after 12 months (long-term capital gains).
Mon, Mar 18, 2024
SIP investment in small proportions may help you build a huge corpus if your investment horizon is long. SIP in mutual funds provides compound returns, and if one continues their investment beyond 15 years, their wealth is likely to mutiply faster. Early SIP investors with long-duration investment get more benefit than the late beginner with short duration. Just a Rs 1,000 SIP investment a month that gives you 12 per cent annual returns may help you build over a Rs 35 lakh corpus. Know how-
Mon, Dec 18, 2023
India's Union Budget 2024, to be presented on February 1st, will be an interim budget due to upcoming elections. Finance Minister Nirmala Sitharaman's sixth budget is expected to focus on two key areas: increasing deductions for medical insurance premiums and simplifying the capital gains tax regime. Experts anticipate changes for both new and old tax regimes, including extending medical insurance deductions under the new system and raising deduction limits for individuals and seniors in the old system.
Tue, Jul 04, 2023
If you have investments in equity mutual funds, it's crucial to keep track of these gains to accurately calculate your tax liabilities. These gains can either be short-term or long-term, based on the duration of your investment, and they are taxed differently.
Sun, Jul 02, 2023
Investment appreciation has become really common these, but the knowledge of capital gains is essential as one can use it to reduce their tax liability. And to claim exemptions and save on capital gains tax, taxpayers must know the ins and outs of the Sections 54 and 54F of the Income Tax Act which deal with capital gains and how taxpayers can save tax on sale of long-term assets and residential property.
Sun, Feb 26, 2023
The Right Property Show: Capital Gains Tax can significantly impact the total cost of your property transaction. Here we talk about exemptions that can help you reduce this tax liability.
Sun, Feb 19, 2023
The Right Property Show: Property taxes can make up a considerable chunk of a plot or flat's price, however, there are ways in which property buyers can save some part of it. Here we look at five ways in which one can save on property taxes.
Sun, Feb 12, 2023
The Right Property Show: In this episode we talk about the announcements pertaining to the real estate industry and realty buyers that were made by Finance Minister Nirmala Sitharaman in this year’s Budget speech.
Fri, Oct 28, 2022
Income Tax appellate tribunal (ITAT) has observed that Government should seriously consider some mechanism to ensure that the tax liability on the capital gains is duly recovered from the borrower whose property is sold or from the person who receives the proceeds of the sale of such assets.
Wed, Jun 15, 2022
The Income Tax Department on Wednesday notified the cost inflation index for the current fiscal to calculate long-term capital gains arising from the sale of immovable property, securities and jewellery, as per PTI report.
Mon, Jun 03, 2019
The system and tax formulation is different when it comes to winning money from lotteries, races, bets etc.
Wed, Mar 28, 2018
Capital gains under the income tax laws, refers to any profit or gain that arises from the sale of a ‘capital asset’ which has to be offered to tax in the year in which the assets get transferred and the capital gains arises.
Thu, Feb 08, 2018
By Kunal Bajaj The Finance Bill, 2018 has introduced two major tax changes to Equity Mutual Funds — 10 per cent tax on Long Term Capital Gains above Rs 100,000; and 10 per cent Dividend Tax.
Amid debate over the government move to tax long term capital gains (LTCG) from equities, Reserve Bank Governor Urjit Patel said today that India has five taxes on capital and warned of their impact on investments and savings.
Thu, Feb 01, 2018
Keeping an eye on these five points will just be enough for you to make out if this year’s Budget has been good or bad for you.
Tue, Jan 30, 2018
Mutual fund market has become lucrative investment option in India, as it has reached all-time high.
Wed, Jan 24, 2018
By Amar Ambani In the last full budget before the 2019 general elections, capital market investors would be keen to know of the government’s stand on two critical issues: fiscal consolidation, and, tax burden on capital market investments.
Wed, Dec 13, 2017
The world`s biggest and best known cryptocurrency, bitcoin, surged past $17,000 to new all-time highs this week, marking an almost dizzying 20-fold rise this year and feeding fears of a bubble.
Fri, Jul 28, 2017
If you are filing ITR online or on incometaxindiaefiling.gov.in, there you will see seven ITR forms along with their briefs. Depending your category, you can select the relevant form.
Sun, Apr 09, 2017
The Income Tax Department had raised a tax demand of Rs 10,247 crore and another Rs 18,800 crore in interest for 10 years.
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