No. of individuals reporting STCG has risen 10-fold to 4.58 mn in 11 years
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
ITC gained 3.8 per cent as there were no changes in the taxes related to tobacco products
Short-term capital gains declarations had also been increasing after the pandemic
Short-term capital gains tax raised to 20%, long term to 12.5%
Budget 2024: While some of the announcements were on expected lines, many have led to a surprise among investors
Long term capital gains (LTCG) tax on the sale of these asset classes stocks, mutual funds, real estate etc. is levied when the holding period of the asset is over one year
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
Ambareesh Baliga, an independent market analyst believes the markets want 'more of the same' in terms of income tax-related policies - continuity amid a stable regime
Given global uncertainties, rejigging the tax regime may affect market sentiment
Products that invest in fixed-income and derivative instruments enjoyed taxation for bonds
As preparations begin for the next budget, discussions have gained steam around what the government would do with the capital gains tax regime
Gains made on the sale of equity shares are taxable. The percentage of tax depends on how long you kept the shares. Let's find out about these taxes
The breakthrough measure, if it materializes, will be doing away with capital gains on sale of property
This is less than a fifth of total number of investors and an even smaller fraction of total demat accounts in existence
The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation
If you hold gold bonds until maturity, the capital gains are exempt from tax