Tue, Aug 06, 2024
Finance Bill 2024 Proposed Amendments: The central government has proposed amendments to the Finance Bill 2024 that offer taxpayers a choice for calculating taxes on real estate transactions. Under the new rules, individuals and Hindu Undivided Families (HUFs) who bought residential property before July 23 can choose between two tax options: 12.5 per cent without indexation (new tax regime) or 20 per cent with indexation (old regime). These changes will provide significant relief to taxpayers liable for long-term capital gains tax (LTCG) on land or buildings. Read on to know more.
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Fri, Feb 23, 2024
Tax season got you stressed? This video breaks down how to maximise your investment returns while minimising your tax burden. Learn about Long-Term Capital Gains, Tax Harvesting strategies, and crucial considerations to keep you safe from the taxman. Watch now and save BIG!
Fri, Dec 02, 2022
Capital Gains Tax: Movable personal assets such as cars, apparel and furniture are excluded from the Capital Gains tax bracket.
Fri, Feb 01, 2019
While presenting Union Budget 2018, Finance Minister Arun Jaitley's LTCG tax announcement had stunned markets and hit investors badly.
Fri, Feb 09, 2018
FM Jaitley proposed to tax LTCG exceeding Rs 1 Lakh at the rate of 10% without allowing the benefit of any indexation, saying “all gains up to 31st January, 2018 will be grandfathered.”
Mon, Feb 05, 2018
The sell-off in equity markets is due to a weak global sentiment and not beacause of long-term capital gains tax announced in the budget, Finance Secretary Hasmukh Adhia said today.
Fri, Feb 02, 2018
LTCG deriving from transfer of listed equity shares, units of equity oriented fund, and unit of a business trust are exempt from tax.
Mon, Jan 15, 2018
Currently a person who sell equity shares listed on stock exchanges within 12 months of their buying, then they enter into short term capital gain
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