Page 2 - Ltcg Tax

Budget 2024 brings relief for gold ETFs, equity FoFs, international schemes

According to MF officials, these offerings had unintentionally got classified as debt funds last year, and this budget makes a course correction

A balanced Budget 2024-25 should be a big relief for markets: Manish Jain

India Budget 2024-25 News Highlights: By raising LTCG tax to 12.5 per cent and STCG tax to 20 per cent, the overhang for stock markets gets removed

Budget 2024: 'Cruel, madness' - internet angry over capital gains tax hike

Union Budget 2024: Several people took to social media platform X (formerly Twitter) to criticise the move, noting that it is painful for stock market investors

Budget 2024 hikes LTCG tax rate to 12.5%, STCG to 20%, STT on F&O also up

Union Budget 2024-25 news: FM Nirmala Sitharaman hiked hiked LTCG tax to 12.5 per cent from 10 per cent on all financial and non-financial assets

Budget 2024 impact: Can Sensex dip to 76,000 post capital gains tax rejig?

In the worst-case scenario, the Sensex can slide to 75,800 levels, which is the 50 per cent retracement level from the June 4 Lok Sabha election outcome-day low, said Ajit Mishra of Religare Broking.

Capital gains tax on share sale: Calculation, treatment, budget expectation

Long term capital gains (LTCG) tax on the sale of these asset classes stocks, mutual funds, real estate etc. is levied when the holding period of the asset is over one year

Capital gains tax rejig on share sale in Modi 3.0 budget can spook markets

Market pundits also expect some changes in the tax treatment of gains arising from trades in the futures & options (F&O) segment

PE funds partly behind the 62% drop in India's net FDI? Samir Arora's view

The ace fund manager was reacting on 'X' to a Business Standard story that quotes a Reserve Bank of India (RBI) data on gross FDI flows into the country in FY24

Last-minute dash for debt mutual funds before tax advantage vanishes

Target maturity funds, longer-duration schemes see high demand

Finance Bill 2023: Debt MF tax changes to hit fund houses; AMC stocks fall

Industry expects inflows shrinking in the medium to long-horizon debt funds

Union Budget 2023: Long-term capital gains tax likely to be rationalised

This tax was discontinued in 2005, but was reintroduced in 2018 in the Union Budget for that fiscal

Rationalisation in long-term capital gains tax structure on the anvil

The finance ministry is looking at rationalising long-term capital gains tax structure by bringing parity between similar asset classes and revising the base year for computing indexation benefit to make it more relevant, an official said on Friday. Currently, shares held for more than one year attract a 10 per cent tax on long-term capital gains. Gains arising from sale of immovable property and unlisted shares held for more than 2 years and debt instruments and jewellery held for over 3 years attract 20 per cent long term capital gains tax. The revenue department is now looking at rationalising the tax rates as well as holding period for calculating long-term capital gains and an announcement is likely in the 2023-24 Budget to be presented in Parliament on February 1. Also, a change in base year for computing inflation-adjusted capital gains is being contemplated, the official added. The index year for capital gains tax calculation is revised periodically to make it more relevan

Sale of three-year-old parking space will be treated as LTCG: Analysts

According to another expert, whether parking space can be sold depends on the nature of the space concerned. It must conform to the definition of garage, as provided in the RERA.

A slightly higher deficit number will not be taken negatively by market

Reduction in surcharge (capped at 15 per cent) on long term capital gains - is positive from financial markets

LTCG exemption, clarity on dividend taxation top markets' Budget wish list

Industry players want govt to bring tax parity between Ulips and equity MFs, cut in STT and CTT

Move to scrap LTCG may unlock domestic funds, stem start-up exodus: experts

The proposal will also encourage domestic financial institutions to see start-ups as an alternative asset class that has been heavily dependent on foreign capital still now

Parliamentary panel bats for abolishing LTCG on startup investments

This should apply to investments made through collective investment vehicles such as angel funds, alternate investment funds and investment LLPs

Centre, Sebi likely to remove tax on buybacks, LTCG to lift sentiment

Investors have already swamped the government and Sebi with such demands as stocks of several companies have taken a beating

Will wait for a 'normal year' before taking a call: Sitharaman on LTCG tax

Stock market benchmark indices had tanked by over 2.5% on the budget day last Saturday. Experts opined that investors were peeved at the absence of any action on LTCG and the shift on DDT.

Budget: Those taking I-T exemptions will gain if they shift, says AB Pandey

The new regime is simple, one has to see the exemptions one was taking earlier and compare the new tax rates without those exemptions, the Revenue Secretary said