Balanced funds not only offered better returns than the large cap equity diversified funds but also reduced volatility.
Over the years, courts have laid down different parameters to resolve the dispute and following the judgments of various courts, the CBDT has also issued circulars from time to time.
If there is a capital loss that has been incurred then this can be set off against some capital gains.
SGB scheme can be looked at for investing in gold.
Among other expectations, finance minister may choose to increase the income tax exemption limit by Rs 50000.
Be it the rate at which the short term capital gain is taxed, or the differential treatment a debt security and a debt mutual fund gets, such anomalies should be removed by Union Budget 2016, says Union KBC MF.
Despite the current global volatility and the resultant India impact, Vikas Khemani of Edelweiss Securities has not seen any domestic redemptions. Though he says there is a slowdown in domestic inflows
If the finance minister chooses to offer tax incentives, they can nudge the individual investors to save more in the asset classes that support economic growth and development in long term.
The rate at which the short term capital gains are taxed in equity mutual funds, is punitive to small investors in 10% tax slab.
The scheme allows you to park proceeds of your home sale till you identify a property for yourself.
Domestic venture capital funds have been seeking parity in tax structure with stock investments. Long term capital gains tax is nil for the latter, compared to 20 percent for venture capital.
There are many tax benefits associated with the construction of a home. However, they can be best enjoyed when the home construction is complete in stipulated time period.
Many investors are still attracted towards gold, and they keep looking for better options to invest in gold. With the launch of gold bonds, there is one more option available with the investor. Does that work for you?
Property is a preferred investment for many individuals. However, not all of them can pick the best bet available in the market. Here are four factors one must consider.
Mutual funds though appear as one uniform investment vehicle, for the tax purpose equity and other mutual fund schemes enjoy differential tax treatment.
Sanofi counsels argued that SC's stance in the matter would give clarity to a number of pending tax battles involving cross border transactions.
Taxation of gold depends on the time frame the investment is held.
Given the tax free interest on offer and the liquidity, it is a good investment option for fixed income investor.
In an attempt to reduce risk and enhance returns, mutual funds have come out with hybrid products that offer more than debt fund returns, but still maintain equity tax treatment.
Time frame of investment is not the only condition that defines how much capital gains one pays on his investments in shares. One cannot ignore other conditions too.
In 2011, Blackstone Mauritius sold 66.29 percent and Barclays Mauritius sold 12.75 percent of equity in SKR BPO to Serco. SKR-owned 100 percent of BPO service provider Intellenet and 20 percent of another BPO Sparsh.
An under construction property and a ready to move in house after possession are two different assets for the purpose of tax. Depending on the time frame, you have to commute income tax.
Transactions carried out on exchanges attract zero rate of tax on long term gains, whereas transaction off the exchanges attract 20% tax on long term gains.
The Income Tax Department has already issued notices to 68 FIIs totalling Rs 602 crore for non-payment of MAT at the rate of 20 percent for profits earned.
One should not expect it to eliminate the entire capital gains. Rather it would be lead to only reduction of the capital gains.