Page 4 - Capital Gains Tax

How will Budget 2021 impact senior citizens, NRIs and salaried people

In this Podcast, we discussed how the Budget will impact finances of senior citizens, non resident Indians, salaried people and the changes in taxation on Ulips and ease of ITR

Budget 2021: FM extends tax holiday, capital gains exemption for startups

Experts say since most startups are loss making, tax holiday will have limited immediate impact on them

Donald Trump says he is 'seriously' considering a capital gains tax cut

The president can't unilaterally cut the 20 per cent long-term capital gains rate without Congress, but some advisers tell him he could issue an executive order

Selling gold to raise cash? Know how to sell and the tax implications

Ideally you should sell it to the jeweller you bought the gold from, or a reputable retailer to get a better rate

Sebi panel bats for tax sops for social stock exchanges to take off

Besides abolishing STT and CGT, the panel has also recommended philanthropic donors be eligible to claim 100-per cent tax exemption

Taxing issue

Lower transaction costs alone won't increase capital market activity

Explained: How capital gains from different forms of gold are taxed

If you hold gold bonds until maturity, the capital gains are exempt from tax

Primer: All you wanted to know about tax breaks for selling multiple houses

Recently the ITAT held that a taxpayer now can avail tax benefits of long-term capital gains that arise on sale of more than one property are invested / will be invested in one residential house

What are capital gains and how tax rates are applied on them? Find out here

Capital gains are the profit you make when you sell a capital asset. A capital asset commonly includes land, a house property, shares, machinery or equipment used in a business etc.

Understanding capital gains can help you save taxes: All you need to know

The profit made on the sale of a capital asset is termed as capital gain

India Inc saves big by timely restructuring

Inter se transfers worth Rs 2 lakh cr carried out in March, potentially saving Rs 30,000 cr in tax

India Inc seeks leeway on capital gains tax proposal

India Inc has sought exemptions and more clarity on the government's proposal to levy capital gains tax on shares acquired through non-payment of securities transaction tax (STT).According to sources, the Central Board of Direct Taxes (CBDT) has received over a dozen recommendations from various shareholders seeking widening of 'negative list' proposed in the draft notification. Earlier this month, the centre has proposed only three scenarios-negative list-on which capital gains tax will be levied. However, one of the conditions, that listed shares not purchased from stock exchanges would be liable for tax, has created confusion among market players.Inter-se promoters' transfer among group entities; direct allotment of shares such as qualified institutional placement; acquisition of shares by conversion of a debenture or loan and acquisition of shares through gifts are some of the transactions that industry players have CBDT to exclude from the new tax proposal."We have received ...

Capital gains tax on unlisted firms, government to issue exemption list

FM, in Budget 2017, proposed 10% tax on those who acquired shares in unlisted cos after Oct 1, 2004

'Encroached property cannot be considered a capital asset':ITAT

Assessee was neither the legal owner of the property nor was having any document showing any right over the illegally encroached land

Mauritius investors to be taxed from Apr 2017

Move to curb abuse; Singapore treaty next in line, says government

India can now tax capital gains from Mauritius

However, investments made before April 2017 have been grand-fathered.

Be consistent in the tax treatment you ask for

A recent CBDT circular will go a long way towards reducing litigation in the matter of how gains from sale of securities are to be treated

Plan to raise capital gains tax period spooks many

Experts say move to raise period from one to three years could scare markets