Securities Transaction Tax (STT) is imposed on both buyers and sellers in the Indian stock market. Capital loss occurs while selling an asset for less than its purchase price and can be used to offset capital gains. Both short-term and long-term losses can be carried forward for 8 years.
4 min read12 Mar 2024Investing in these bonds, also known as 54EC bonds, can help you save tax on long-term capital gains. We share more details here
2 min read26 Apr 2022Reporting the capital gains on mutual fund units or stocks can turn out to be a complex task for investors
5 min read22 Dec 2021Reporting the capital gains on mutual fund units or stocks can turn out to be a complex task for investors
5 min read22 Dec 2021NRIs who sell property situated in India have to pay capital gains tax in India
1 min read20 Dec 2021You can claim exemption from long term capital gains if you buy a residential house within two years or construct a house within three year from the date of sale of your flat.
2 min read1 Sep 2020The exemption is from a provision in the Income Tax Act, which says that if shares are sold for a discount, the difference in the selling price and its fair value will be liable for capital gains in the hands of the seller
1 min read1 Jul 2020To calculate the capital gains on the sale of the inherited share, the period of holding will commence from the original date of acquisition by your parents
2 min read1 Mar 2020All portfolios should be diversified between equity and debt so that the overall risk is controlledAn investor must take a careful look at the suitability of an investment in terms of taxes too
1 min read26 Nov 2019The increase in surcharge, often called the 'super rich tax', has been rolled back for all domestic and foreign investorsFor income from salary, profession or rent above ₹2 crore, the surcharge increase will continue.
1 min read20 Sep 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared