Exemption can be explored for such LTCG taxation if the sale proceeds are reinvested in a residential property in India and subject to satisfaction of other specified conditions relating to such reinvestment
2 min read5 Nov 2018Long-term capital loss on sale of capital asset can also be set off against LTCG arising from asset in current FY
2 min read29 Oct 2018The 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