Page 3 - Long-term Capital Gains Tax

With lower sum assured, Ulips emerge as attractive option with high returns

Recently, the Insurance Regulatory and Development Authority of India (IRDAI) allowed those under the age of 45 years to also buy Ulips with a lower sum assured

Budget 2020: Govt may go for income tax relief to spur demand, says report

Finance Minister Nirmala Sitharaman is expected to present the budget for 2020/21 fiscal year on February 1. She has promised a budget that will do more to boost growth.

Budget 2020: Govt to focus on tax incentives, private investments

Long-term capital gains tax could be abolished

A look at proposed changes in tax laws that could boost the stock market

The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation

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

143 winners you can cash out of before March 31, to save capital gains tax

The markets have been on a downward spiral since the proposed reintroduction of long-term capital gains (LTCG) in the Union Budget. However, there are several shares-143 to be precise-that are currently trading above their base price (intra-day high of January 31). Long-term investors holding shares of these companies can minimize their capital gains outgo by booking profits on Wednesday-the last trading day of financial year 2017-18. Starting April 1, LTCG-gains made on sale of equity shares held over a period of more than 12 months-will be taxed at 10 per cent.By booking profits before LTCG comes into effect, will result in zero tax outgo. Moreover, these shares can be repurchased again, making the current price as the base instead of January 31 price. For instance, an investor holding 1,000 shares of Venky's India bought for Rs 100 five years ago. As per the rules, the capital gains will be grandfathered till January 31, when the stock was quoting at Rs 2,707. Since then shares of .