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Long-Term Capital Gain

A profit on the sale of a mutual fund share that has been held for more than one year.

News On Long Term Capital Gain
Power Finance Corporation's 54EC capital gain bond issue in July, to raise Rs 18,000 crore

15-06-2017| Source:PTI

The Finance Ministry has already notified the order allowing PFC to raise funds for long terms through issuance of tax free bonds under Section 54EC of the Income tax Act,1961.

Finance ministry allows PFC to issue bonds free of capital gains tax

12-06-2017| Source:PTI

This will enable PFC to raise funds for long terms through issuance of tax free bonds under Section 54EC of the Income Tax Act.

Prakash Industries gains 3% on securing long-term coal linkages from Coal India

12-06-2017| Source:Moneycontrol.com

Moneycontrol NewsShares of Prakash Industries added nearly 3 percent intraday Monday as it has secured long-term coal linkages from Coal India.The company has secured additional coal linkages of a

Why this Jodhpur-born entrepreneur sold ItzCash for Rs 800 cr last month

09-06-2017| Source:Moneycontrol.com

The company began planning for a long term partner when early ItzCash investors such as Intel Capital, Lightspeed and Matrix Partners India began looking for an exit.

HDFC to raise Rs 2,000 cr via bonds to augment long term funds

06-06-2017| Source:PTI

Mortgage lender HDFC Ltd will raise Rs 2,000 crore through a private placement basis by issuing bonds to shore up long term capital.

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