LTCG

Experts say they may now be slightly better placed as customers looking for tax-free returns under Rs 5 lakh investment a year may now choose their guaranteed products

Investors snap up popular medium- to longer-duration debt funds to lock in higher returns

Recent correction factors in most negatives, valuations attractive, say brokerages

Experts say they may now be slightly better placed as customers looking for tax-free returns under Rs 5 lakh investment a year may now choose their guaranteed products

The govt's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, writes T N Ninan

The finance minister on Wednesday proposed to limit deductions from capital gains on investment in residential houses under Sections 54 and 54F to Rs 10 crore

CLOSING BELL: Broader markets were unable to recover from the intra-day lows with BSE Midcap and Smallcap indices dropping up to 1 per cent

This is among the host of suggestions submitted by the sector

The government, reports suggest, may rationalise long-term capital gains tax (LTCG) structure by bringing parity between similar asset classes

Industry says exemption for those staying invested for over three years will help channelise flows into financial assets

As preparations begin for the next budget, discussions have gained steam around what the government would do with the capital gains tax regime

At present, long-term capital gains on listed stocks are liable to 15% surcharge max, while other long term capital gains suffer a graded surcharge which goes up to 37%

While there was no change in the slabs and no deductions whatsoever, there was some relief for taxpayers who make a mistake in filing income-tax

This was the best Budget-day gain for the markets since 1997, analysts said

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

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

Mohandas Pai, former CEO and board member at Infosys, made a pitch for removing the tax on share buybacks

Most domestic and foreign brokerages look forward to credible steps to prop-up growth

Tax may be imposed on shareholders getting dividends

Wants holding period for computing long-term gains reduced to one year