Sunainaa Chadha
 "Sunainaa Chadha")
Sunainaa Chadha
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
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Tougher tax rules for property owners but rollover relief offers solace
The rollover benefits aim to soften the blow for those reinvesting their proceeds in other residential properties.
 "Tougher tax rules for property owners but rollover relief offers solace")
No indexation? LTCG tax could go up 290% on properties bought after 2010
Longer holding periods correlate with higher taxes with or without indexation. Without indexation, the taxes are comparatively higher
 "No indexation? LTCG tax could go up 290% on properties bought after 2010")
Budget 2024 has created a new investment avenue: NPS Vatsalya scheme
When the minor reaches adulthood, their account will automatically convert to a regular NPS account.
Property owners will now have to pay more tax as Budget 2024 plugs loophole
Income arising from any kind of rentals from house property shall be taxed under the chapter "income from House Property" which allows specified deductions.
AUM of Index funds crosses Rs 2 lakh cr, Nifty50 dominates with 70% share
The index funds category assets were at a record high of Rs 2.43 lakh crore as of June 2024, and has seen a surge of nearly 900% in assets in the past three years.
 "AUM of Index funds crosses Rs 2 lakh cr, Nifty50 dominates with 70% share")
CBDT issues FAQs on new capital gains tax regime: All you should know
A flat 12.5% tax rate has been introduced for all long-term capital gains, regardless of the asset class.
 "CBDT issues FAQs on new capital gains tax regime: All you should know")
Budget 2024: All the key changes to capital gains tax explained
The government has introduced a flat 12.5% tax rate for all types of long-term capital gains, regardless of the asset class. Previously, the rate varied based on the asset type.
 "Budget 2024: All the key changes to capital gains tax explained")
Tax portal glitches galore: 49% of India's taxpayers yet to file ITR
Over 4 crore returns have been filed as per Income Tax department as of July 22
 "Tax portal glitches galore: 49% of India's taxpayers yet to file ITR")
Bigger investments, smaller costs: New Demat account rules explained
If you have a BSDA, there will be no charges applicable on electronic statements. In case you opt for physical statements, a charge of Rs 25 per statement will be applicable.
 "Bigger investments, smaller costs: New Demat account rules explained")
Indian passport weakens: Why the rich are in a rush to move out of India
Indians have suffered a dip in their global mobility this year, with India dropping from 80th to 82nd place on the Henley Passport Index between January and July, implying that Indian citizens have vi
 "Indian passport weakens: Why the rich are in a rush to move out of India")
Singapore is world's most powerful passport, India stands at 82nd spot
Owning a Singapore passport now gives you visa-free access to a record 195 global destinations, putting the city state at the top on the Henley Passport Index.
How Budget 2024 impacts mutual fund investors and what should you do?
The long-term capital gains tax on equity-oriented investments will also be spiked from 10 per cent to 12.5 per cent from July 23, 2024.
Selling your house? Budget 2024 may have increased your tax burden
Budget 2024 removes indexation benefit for property sales, increasing capital gains tax.
 "Selling your house? Budget 2024 may have increased your tax burden")
Budget 2024-2025: Long-term capital gains tax increased to 12.5% from 10%
In essence, holding an investment for a longer period now attracts a higher tax, while short-term gains continue to be taxed at a higher rate of 20%.
 "Budget 2024-2025: Long-term capital gains tax increased to 12.5% from 10%")
Relief for start-ups, VCs, investors as Budget 2024 abolishes angel tax
The removal of this tax will likely encourage more investments in early-stage startups and increase the growth of innovation.
 "Relief for start-ups, VCs, investors as Budget 2024 abolishes angel tax")
How much tax do you have to pay on income from EPF? All scenarios explained
According to the rule change announced in the Union Budget 2021, effective from April 1, 2021, interest earned on employee contributions to EPF exceeding Rs 2.5 lakh per annum is taxable
 "How much tax do you have to pay on income from EPF? All scenarios explained")
Rs 1 cr to Rs 33 cr in 21 years: Study explains why large-caps are reliable
Overall, the Nifty 100 TRI has seen 33x growth in the last 21 years and 17.4% since its inception.
 "Rs 1 cr to Rs 33 cr in 21 years: Study explains why large-caps are reliable")
20% of households are channeling savings into capital markets: Eco survey
Annual net SIP flows have doubled in the last three years, from Rs 0.96 lakh crore in FY21 to Rs 2 lakh crore in FY24
 "20% of households are channeling savings into capital markets: Eco survey")
Cashless travel made easy: UPI One World available to all foreign tourists
International travellers can use the UPI One World app to make payments at merchant locations by simply scanning the QR codes.
 "Cashless travel made easy: UPI One World available to all foreign tourists")
Realty sales highest since 2013, 4 lakh homes sold in 8 cities: Eco Survey
India's housing boom: Real estate dominates Indian household savings with highest allocation
 "Realty sales highest since 2013, 4 lakh homes sold in 8 cities: Eco Survey")
