Wed, Aug 14, 2019
For investors, long term capital gains (LTCG) tax happens when an asset is held for over 36 months.
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Wed, Jul 03, 2019
The 2018 Union Budget saw the reintroduction of the Long Term Capital Gains (LTCG) tax. It was previously scrapped in 2004 and was replaced by the Securities Transaction Tax (STT).
Wed, Feb 13, 2019
For listed shares and equity oriented mutual funds, holdings for more than 12 months fall under the ambit of LTCG where income up to Rs 1 lakh is tax exempted.
Fri, Feb 02, 2018
The S&P BSE Midcap and the S&P BSE Smallcap indices underperformed with both the indices shedding over 1 per cent each.
Thu, Feb 01, 2018
Finance Minister Arun Jaitley today presented the Budget for 2018-19 with several important announcements. Jaitley spoke of massive spending on rural infrastructure, to win over voters in the countryside where two-thirds of India`s people.
LTCG tax had been abolished in 2005 i.e. there was no tax on profits if a stock was held for more than a year. Only 15 per cent of STCG was applicable if a stock was sold within one year of purchase, in addition to surcharge and cess.
Keeping an eye on these five points will just be enough for you to make out if this year’s Budget has been good or bad for you.
Thu, Jan 25, 2018
Jasani expects Finance Minister Arun Jaitley to allocate higher funds into infra, rural and housing in Budget 2018.
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