Mar 06, 2017 at 13:26 | Source: Moneycontrol.com
The year for the base of indexation has been brought forward to April 2001 which means that any asset bought before this date can calculate the cost as either as actual cost or the value as on this date whichever is higher.
Mar 06, 2017 at 10:09 | Source: Moneycontrol.com
Shell companies, stock brokers, beneficiaries and operators allegedly laundered more than Rs 10,000 crore in Mumbai alone by manipulating listed penny stocks to claim bogus long term capital gain, according to a report in The Indian Express.
Feb 27, 2017 at 20:40 | Source: PTI
Sebi wants more clarity on imposition of 10 percent Long Term Capital Gains (LTCG) tax proposed in the Union Budget, Chairman U K Sinha said today while asserting that the regulator would not allow market manipulation by those abusing tax exemptions.
Feb 20, 2017 at 09:00 | Source: Housing.com/news
Under the present tax laws, a person is taxed on profit from the sale of any immovable asset held as a capital asset, under the head capital gains. For computing capital gains, the immovable R
Feb 17, 2017 at 15:46 | Source: Moneycontrol.com
Capital gains arising out of investments in stocks held for more than one year are tax free.
Feb 13, 2017 at 15:38 | Source: Moneycontrol.com
ELSS are built to offer benefits of capital appreciation based on equity gains and tax benefits to investors.
Feb 10, 2017 at 13:17 | Source: Moneycontrol.com
There is a provision in the Income Tax Act which clearly states that if a mutual fund merges plans within their schemes then it would not be considered as a transfer and hence, no capital gains can arise.
Feb 09, 2017 at 13:34 | Source: Moneycontrol.com
Given the change of stance by Reserve Bank of India from accommodative to neutral, the yields have spike. As volatility is expected to persist for some time, it is better to invest in short term bond funds.
Feb 07, 2017 at 14:20 | Source: Moneycontrol.com
Indian markets celebrated Finance Minister Arun Jaitleys Budget with both Sensex and Nifty closing with a gain of around 1.8 percent as they celebrated no introduction of long term capital gain (LTCG) on equity stocks and keeping the service tax unchanged. Below is an analysis of how the Budget impact various sectors.
Feb 06, 2017 at 12:47 | Source: Moneycontrol.com
While the industry perceives the move as a partial relief, it is not yet clear as to what are the list of transactions that will be exempt. A separate circular on this aspect is expected.