Capital Gain

The threshold could be lowered to Rs 5 lakh, said an official. Currently, banks, post offices, NBFCs, stock exchanges and a host of other institutions share the data with the I-T dept.

EPFO redeems Rs 12,785 crore ETFs for FY22 interest payout

EPFO sold its investments under an accounting rule called FIFO and has garnered Rs 5,529 crore of capital gains. It will use it for FY22 interest rate calculation. EPF interest rate for the 2021-22 financial year will be announced on March 12.

Union Budget 2021: Centre leaves startups to be atmanirbhar, with little on table

The extension of capital gains exemption for investment in startups has been applauded by one and all.

I-T Appellate asks Cairn UK to pay Rs 10K cr capital gains tax

The Income Tax Appellate has confirmed Rs 10,000 crore gap gains tax on Cairn UK. This refers to the transaction before Cairn‘s IPO where Cairn Energy transferred its holding in Cairn India from Cairn India Holdings to Cairn India.

Budget 2017: Infrastructure status for affordable housing and other sops

“We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits,” finance minister Arun Jaitley, announced in his &#82

Budget 2017: Realty welcomes reduction in long-term capital gains tenure

Reduction in tenure of long-term capital gains Real estate investors, who were looking for a quick exit option to switch their investment or to book profits, were often discouraged by the long-term capital gain &#82

Reverse mortgage: What are the tax liabilities

Under the Reverse Mortgage Scheme (RMS), a senior citizen can opt to receive an additional source of income on the security of an owned residential house, without having to service it during his lifetime. &#82

A guide to creating wealth with residential real estate investment

For any investment in residential property to provide effective returns, the chosen location should have good social infrastructure, adequate public transport and sufficient economic activity to sustain development and growth. These parameters apply to &#82

Calculating the holding period for an under-construction property…

A holding period of 36 months is crucial for a person to be able to claim tax benefits associated with long-term capital gains. Long-term capital gains give a property seller the benefits of indexation, &#82

Hurry up and pay advance tax to avoid exorbitant interest later

Government amended the law so as to require you to pay the advance tax in four instalments namely 15th June, 15th September, 15th December and 15th March in the ratio of 15%, 30%, 30% and 25% respectively on these dates

Sold shares at profit: Is it business income or capital gain?

Taxation of gains on sale of shares has been a gray area for long period of time. This article explains the head under which the gains will be taxed.

Trading in shares? Get your tax liability right

Profits from trading in shares can be taxed as a capital gain or as business income. Here is how one should look at it.

Getting ESOPS as salary package? Know the tax treatment

ESOP are offered by some employers as a retention and reward tool to their employees. Better to know the tax treatment before you accept the package.

How dividend yield works for equity investors in India

Compared to capital gains, dividends are relatively stable source of income for equity investors. India has seen emergence of dividend yield based exchange traded funds.

Tend to miss the advance tax due date? Think again!

Payment of advance tax is a must in India for certain types of tax payers. Do read to understand who should pay advance tax and what are the rules that govern the payment of advance tax.

MF investors can now plan ahead for their debt investments

Rollovers are not sale for the purpose of tax, says CBDT circular. This has eliminated confusion and allowed investors to extend their investments up to 36 months.

Ready or under construction property? Here is how to decide

Ready to move in property brings in peace of mind, in addition to the tax benefit it offers on home loan as well as on capital gains front if you intend to sell it after three years. Under construction property though comes a bit cheaper, has its own disadvantages.

Tax: Losing out on short term capital assets

Long term capital gains are more tax-friendly - in listed equity there is no tax on it where as in case of bonds and property, one can enjoy indexation benefit.

Selling bonus shares? Note the tax implications carefully

Many companies are declaring bonus to their shareholders. If a shareholder sells bonus shares in less than one year after the allotment date, he is liable to pay short term capital gain tax on them.

Duration of cap gains must be based on date of allotment

It is very important to find out the date of purchase of the property because it is this date which will determine the nature of Capital Gain namely whether the Gain is a Long-term Capital Gain or a Short-term Capital Gain.

I-T dept rejects Voda plea to resolve cases jointly: Source

The Income-Tax department has denied Vodafone's demand to resolve the transfer pricing and the capital gain cases together, reports CNBC TV18 quoting a source.

Here's how you can benefit from capital gain

In an interview to CNBC-TV18 personal finance expert Pankaj Mathpal of Optima Money Managers shared his insights on ‘Capital gains‘.

Understanding capital gains tax on sold property

This article will explore the tax liability on the tax structure on real estate transactions.

Capital gains tax on registration of new agricultural land

As per section 54B of the Income-tax Act, 1961 Capital Gain arising on transfer of agricultural land which was used for agricultural purposes will not be charged to Capital Gain specially if the gain amount is invested in buying new agricultural land.

Slump sale: ITAT rules on negative networth

The issue regarding the impact of a negative “net worth” of an undertaking transferred by a taxpayer under a ‘slump sale’ arrangement on the computation of capital gain has been a subject matter some debate with the Mumbai and the Delhi benches of the ITAT holding the matter in favor of the taxpayer.