Short Term Capital Gains Tax

The Income Tax department's international arm is seeking details of end-beneficiary subscribers of participatory notes (P-notes) from some leading offshore derivative instrument (ODI) issuers in the country.

Is longer holding of stocks for tax relief good for investors?

Tax experts believe investors can gain if holding period for long term capital gains (LTCG) exemption is increased to three years from the present one year since it would provide an impetus for building a stable equity portfolio and give a longer window for adjusting stock losses if any, besides reducing holding costs.

Cash deals help share traders skip short term capital gains tax

If the client makes money, the broker gives him the profit in cash. If the client loses money, he pays it to the broker in cash. Such an arrangement helps the big traders because they don‘t have to disclose the income at all.

HNIs play F&O for fake profit, loss to dodge cap gains tax

Short term capital gains tax liability can be lowered by showing fake losses through derivatives trading, and unaccounted money can be shown as profits earned from the trades.

Union Budget 2013 - 14: Lowering STT could ignite mkt: Blackridge Cap

After today's economic survey, all eyes are on the Finance Minister, who will present The Union Budget for 2013. The economic survey today managed to uplift the negative sentiments for the short-term.