Long Term Capital Gains News
For some NRIs, capital gains from Indian mutual funds are tax-free
If you're a tax resident of a foreign country that doesn't tax capital gains and has a residual clause under ‘capital gains’ in its double taxation avoidance agreement with India, you're in luck.
6 min read15 Apr 2025Who can avail the indexation benefit on property sale and is it even worth it?
If tax at the new 12.5% rate is higher than 20% rate with indexation on properties bought before 23 July 2024, the excess will be ignored. However, the new tax without the benefit allows to offset capital losses against gains.
6 min read6 Apr 2025Mutual funds engineer new category in quest for tax-efficient debt funds
These schemes put 65% of the portfolio in debt and the remaining 35% in arbitrage funds to reap the benefit of 12.5% long-term capital gains tax, as pure debt funds are taxed at your income tax slab rate regardless of the holding period.
3 min read31 Mar 2025Vivek Kaul: Is capital gains tax to blame for the exodus of foreign investors?
As the stock market wilts amid FII outflows, it’s being offered as an explanation by those who manage other people’s money to justify past narratives gone wrong. As an argument, though, it’s hollow.
4 min read18 Mar 2025Planning to sell your gold, diamond, silver, and other jewellery? Know income tax rules here
Taxation on jewellery sales: Long-term capital gains tax on jewellery can be exempted if the sale proceeds are reinvested in a residential house within a specified period
2 min read8 Jan 2025NRI taxation: Can benefit from reinvesting real estate capital gains?
You can still claim an exemption from tax on capital gains under section 54 if you reinvest the capital gains into a new residential property, either by way of a purchase or construction.
2 min read21 Oct 2024How to turn stock market losses into tax savings
Capital losses in any asset class can offset gains and be carried forward for up to eight years, reducing your tax burden
2 min read16 Oct 2024How to adjust your financial life after LTCG tax hike to 12.5%?
While we would love to go back to the pre-2018 days of 0% tax or at least remain in the 2018-24 era of 10% tax, there is not much we can do.
4 min read27 Aug 2024Is it the end of road for debt mutual funds after budget brought in new capital gains tax norms?
Debt mutual funds can help investors tide over poorly performing equity market phases if the tax playing field is level.
3 min read12 Aug 2024A guide to capital gains tax on property sales: Navigating pre- and post-2001 rules
A comprehensive guide on calculating the cost of acquisition for properties bought before and after 1 April 2001, highlighting factors like purchase price, associated fees, and the treatment of interest payments, in light of changes introduced in Budget 2024.
5 min read1 Aug 2024Popular Topics
Budget
The 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