Ltcg Tax News
ITR filing: How to correctly report capital gains, CGAS withdrawal, buybacks
The income tax department has released the utilities for ITR forms 2 and 3.
5 min read14 Jul 2025LTCG exemption: Key rulings that clarify grey areas in Sections 54 and 54F
Section 54 applies when the capital gain arises from the sale of a residential house, whereas Section 54F is available on the sale of any long-term capital asset.
3 min read2 Jul 2025How to calculate tax if capital gains are your sole income in FY25
The benefit of ₹1.25 lakh exemption and the basic exemption limit are available, but slab rates are not applicable, and rebates are also not available.
4 min read18 Jun 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 2025Why you must defer property sale from March to April
Those due to sell property in March should consider deferring the sale to April to optimize advance tax payments and reinvestment planning that helps avoid paying capital gains tax.
3 min read11 Mar 2025New regime narrows LTCG-regular income tax gap. Are equities still worth it?
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, especially those with annual incomes of up to ₹24 lakh.
3 min read9 Feb 2025Can You Transfer Mutual Funds? Discover the Surprising Offline Method Hidden in Plain Sight!
Mutual Fund units can be transferred or gifted between Demat accounts. This process requires both parties to have active Demat accounts, and involves dematerialisation of units. Tax implications vary based on whether the transfer is to family or non-family members.
5 min read30 Jan 2025Capital gains tax: Will Budget 2025 bring relief to investors?
As the Union Budget 2025 approaches, capital gains tax dominates discussions. Experts express concerns over recent tax changes, advocating for a stable tax regime to enhance market liquidity and investor confidence, particularly for retirees and low-risk investments.
3 min read27 Jan 2025Budget 2025 wishlist: Parity between debt and equity taxation
There is a case for revising LTCG taxation for debt funds with a one-year holding period.
4 min read22 Jan 2025How gains through margin trading facility transactions are taxed in India
The nature of tax treatment depends on the type of income generated through margin trading facility transactions.
4 min read8 Dec 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