Ltcg Tax News
Mint Explainer: Why Tiger Global’s win against the taxman is a major victory for Indian companies
The Delhi High Court’s decision to overturn the tax authority’s demands in the Tiger Global case relating to the firm’s sale of Flipkart shares to Walmart is expected to help establish India as an attractive investment destination, both for startups and mature enterprises.
4 min read29 Aug 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 2024Even without indexation, real estate enjoys more tax breaks than any other asset
Home loans, rental income, and in some circumstances even capital gains on property come with tax breaks.
4 min read15 Aug 2024From simplicity to fairness: Indexation benefit for property restored. But is it enough?
The recent amendment reinstating indexation for LTCG tax is a significant move towards fairness, offering taxpayers a choice. However, the amendment should take into consideration other factors as well. We discuss
3 min read8 Aug 202420% levy on short-term capital gains has given young F&O traders a tax incentive
While the budget 2024 didn’t touch F&O, barring a nominal increase in STT, it increased tax on short- and long-term capital gains made from equity mutual funds or stocks.
2 min read31 Jul 2024Removing indexation on real estate will benefit almost nobody. Here’s proof.
Calculations show the effective tax under the new regime is only lower if the property’s value grows at a CAGR that far exceeds historical averages.It could also discourage long-term investment in real estate, reducing liquidity and potentially destabilising the market.
4 min read31 Jul 2024TV Mohandas Pai questions Centre’s tax on property sale, says ‘citizens need answers…’
A Mint analysis showed that selling property under the revised LTCG tax regime, could push your liability up substantially.
2 min read29 Jul 2024Budget 2024: 3.5x surge in capital gains tax on CCDs stuns foreign direct investors
Apart from gains on unlisted compulsorily convertible debentures, foreign investors also face a higher tax burden on share buybacks.
3 min read24 Jul 2024Budget 2024: How will the rise in capital gains taxes impact market in long term?
Budget 2024 introduces tax changes impacting capital gains and trading activities, leading to market volatility. Experts foresee a more sustainable investment landscape in the long term.
4 min read23 Jul 2024Budget 2024: Traders express frustration on social media as FM Nirmala Sitharaman ups STT on F&O trading
Budget 2024: Finance Minister Nirmala Sitharaman announced the doubling of the Securities Transaction Tax (STT) rate from 0.01 percent to 0.02 percent. Many took to twitter to showcase their frustration.
1 min read23 Jul 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