Tax On Capital Gains

Buyback and tax-free dividend had a gap and an equalisation was needed. Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest, he said

Union Finance Minister Nirmala Sitharaman's recent remark follows feedback from several experts and salaried individuals who feel that the Budget did not provide sufficient relief to the middle class

It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains

The government has introduced a flat 12.5% tax rate for all types of long-term capital gains, regardless of the asset class. Previously, the rate varied based on the asset type.

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

Capital gains tax rate change in the Budget 2024 on July 23 can trigger a bigger correction than seen post Lok Sabha election outcome, Wood said

Capital gains taxes can range from 10 per cent to as high as 30 per cent, depending on the holding period, which spans from one to three years

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

Those who are investing in foreign stocks, mutual funds, or cryptocurrencies abroad will have to pay more TCS if they spend beyond Rs 7 lakh in a financial year.

Exemption allowed even if agreement to buy new house is signed before selling the old one: ITAT

Madhya Pradesh Chief Minister Shivraj Singh Chouhan requested Union finance minister Nirmala Sitharaman to remove the separate capital gain tax on assets managed by the state company

All eyes now on how the govt manages its finances

Consultants PwC India recommended levying either securities transaction tax (STT) or capital gains tax on listed securities, instead of levying both