Page 2 - Capital Gains Tax

Direct Taxes: FM Sitharaman chooses quiet consolidation in Budget

The yardsticks of stability, predictability, rationalisation and simplification define the tax proposals

BS Number Wise: A case for taxing India's rich on stock market profits

As economic inequality in the country widens, crorepatis pay very little on long-term capital gains

Grasim Industries gets Rs 8,334-crore income tax demand

Grasim Industries Ltd on Friday said the income tax department has raised a demand of Rs 8,334 crore on the company as capital gains tax with regard to sale of shares in a group firm

Democrats may propose raising corporate tax rate to 26.5%: Report

Ways and Means Committee set to debate proposal on Tuesday

Retrospective tax was indefensible; burying it shows pragmatism

Institutional arrogance in taxation has cost India dearly in terms of its image as a business-friendly, rule-driven country

World's largest sovereign fund makes provision for India capital gains

Norway fund has investments across sectors in India, shows latest disclosures

Finance Bill: Asset distribution to partners will attract capital gains tax

Various courts and tax authorities have ruled both in favour and against imposition of capital gains in such cases.

How will Budget 2021 impact senior citizens, NRIs and salaried people

In this Podcast, we discussed how the Budget will impact finances of senior citizens, non resident Indians, salaried people and the changes in taxation on Ulips and ease of ITR

Budget 2021: FM extends tax holiday, capital gains exemption for startups

Experts say since most startups are loss making, tax holiday will have limited immediate impact on them

Donald Trump says he is 'seriously' considering a capital gains tax cut

The president can't unilaterally cut the 20 per cent long-term capital gains rate without Congress, but some advisers tell him he could issue an executive order

Selling gold to raise cash? Know how to sell and the tax implications

Ideally you should sell it to the jeweller you bought the gold from, or a reputable retailer to get a better rate

Sebi panel bats for tax sops for social stock exchanges to take off

Besides abolishing STT and CGT, the panel has also recommended philanthropic donors be eligible to claim 100-per cent tax exemption

Taxing issue

Lower transaction costs alone won't increase capital market activity

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

Primer: All you wanted to know about tax breaks for selling multiple houses

Recently the ITAT held that a taxpayer now can avail tax benefits of long-term capital gains that arise on sale of more than one property are invested / will be invested in one residential house

What are capital gains and how tax rates are applied on them? Find out here

Capital gains are the profit you make when you sell a capital asset. A capital asset commonly includes land, a house property, shares, machinery or equipment used in a business etc.

Understanding capital gains can help you save taxes: All you need to know

The profit made on the sale of a capital asset is termed as capital gain

India Inc saves big by timely restructuring

Inter se transfers worth Rs 2 lakh cr carried out in March, potentially saving Rs 30,000 cr in tax

India Inc seeks leeway on capital gains tax proposal

India Inc has sought exemptions and more clarity on the government's proposal to levy capital gains tax on shares acquired through non-payment of securities transaction tax (STT).According to sources, the Central Board of Direct Taxes (CBDT) has received over a dozen recommendations from various shareholders seeking widening of 'negative list' proposed in the draft notification. Earlier this month, the centre has proposed only three scenarios-negative list-on which capital gains tax will be levied. However, one of the conditions, that listed shares not purchased from stock exchanges would be liable for tax, has created confusion among market players.Inter-se promoters' transfer among group entities; direct allotment of shares such as qualified institutional placement; acquisition of shares by conversion of a debenture or loan and acquisition of shares through gifts are some of the transactions that industry players have CBDT to exclude from the new tax proposal."We have received ...

Capital gains tax on unlisted firms, government to issue exemption list

FM, in Budget 2017, proposed 10% tax on those who acquired shares in unlisted cos after Oct 1, 2004