Tue, Jul 09, 2019
A real estate investor can keep the money into a capital gain account for up to three years and avoid income tax after selling out his or her property.
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Tue, Dec 27, 2016
A possible increase in short-term capital gains (STCG) tax could be on the agenda in the Budget for 2017 along with higher levy on dividends earned. The STCG, which is the profits on sale of shares held for less than a period of 12 months, is presently taxed at 15% and is expected to be increased to 20% in FY17.
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