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Listed preference shares held for 12 months qualify for LTCG
The gain resulting from the redemption is computed by reducing the indexed cost of acquisition from the redemption value and is taxable as LTCG
2 min read27 Aug 2018Money
Fixed deposit interest can be offered to tax in the year of accrual or in the year of receipt
You can claim a tax deduction from taxable income under section 80C, if you invest in a fixed term deposit of 5 years in scheduled banks
4 min read9 Apr 2018Popular 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
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