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Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
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Scenarios Where New Long-Term Capital Gains Tax Structure Is Beneficial
One of the benefits of simplification of any tax structure is that it removes differential rates for various classes of assets, Finance Ministry sources said, responding to feedback from the public on the changes in LTCG tax.
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Income Tax Return Filing Deadline: Waiver On LTCG Tax To End On 31 March. Details Here
Tax liability on long term capital gains (LTCG) at the rate of 10% will accrue only when the shares or mutual funds are sold after April 1, 2018.
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Mutual Fund Body Sees No reduction In Inflows After LTCG Tax
In his budget announcements, Finance Minister Arun Jaitley proposed tax on long-term capital gains exceeding Rs 1 lakh at a rate of 10 per cent without allowing the benefit of indexation.
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Rupee Plunges To 6-Week Low Against US Dollar Today: 5 Updates
The rupee has been on a weakening streak since the start of this month. The rupee had plunged by 44 paise against the US dollar on Budget day (Thursday), after the government announced a long-term capital gains (LTCG) tax on equities and set a fiscal deficit target at a wider-than-expected 3.3 per cent for FY19.
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Budget 2018: Long Term Capital Gains Tax On Equity. 5 Things To Know
Imposition of long term capital gains (LTCG) tax at the rate of 10% spooked the Indian markets
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Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
-
Scenarios Where New Long-Term Capital Gains Tax Structure Is Beneficial
One of the benefits of simplification of any tax structure is that it removes differential rates for various classes of assets, Finance Ministry sources said, responding to feedback from the public on the changes in LTCG tax.
-
Income Tax Return Filing Deadline: Waiver On LTCG Tax To End On 31 March. Details Here
Tax liability on long term capital gains (LTCG) at the rate of 10% will accrue only when the shares or mutual funds are sold after April 1, 2018.
-
Mutual Fund Body Sees No reduction In Inflows After LTCG Tax
In his budget announcements, Finance Minister Arun Jaitley proposed tax on long-term capital gains exceeding Rs 1 lakh at a rate of 10 per cent without allowing the benefit of indexation.
-
Rupee Plunges To 6-Week Low Against US Dollar Today: 5 Updates
The rupee has been on a weakening streak since the start of this month. The rupee had plunged by 44 paise against the US dollar on Budget day (Thursday), after the government announced a long-term capital gains (LTCG) tax on equities and set a fiscal deficit target at a wider-than-expected 3.3 per cent for FY19.
-
Budget 2018: Long Term Capital Gains Tax On Equity. 5 Things To Know
Imposition of long term capital gains (LTCG) tax at the rate of 10% spooked the Indian markets
