[ad_1] The changes in the long-term capital gains (LTCG) tax regime, particularly the withdrawal of the indexation benefit, has emerged as one of the most contentious decisions announced in the Union Budget for 2024-25. The announcement initially led to confusion and trepidation among various sections, prompting the government to issue a string of clarifications and […]
Market watchers slam hike in long term capital gains tax, say will discourage savings, investments | Pune News
[ad_1] Market watchers said Union Finance Minister Nirmala Sitharaman’s move to hike long term capital gains (LTCG) tax from 10 per cent to 12.5 per cent will discourage savings and investments. “Just when the stock market has been having a good run for a long time, the news dampened the spirits… It is an unnecessary […]
Wall Street gains more than 2% in broader rebound
[ad_1] Major Wall Street indices jumped more than 2% on Tuesday as investors bought shares of megacap growth and energy companies after stock markets swooped last week on concerns of a global economic slowdown. All 11 major S&P 500 sectors edged up as stocks fell broadly last week after the benchmark index posted its biggest […]
How to Open Capital Gains Account in India in 2022?
[ad_1] If a person is claiming capital gains exemption, he is required to deposit the money in the capital gains account before the due date of filing ITR. This article explains in detail about how to open a capital gains account, its tax benefits and features. For example: Mr. A sold a residential property in […]
Capital gains tax on sale of property in India in 2022
[ad_1] Capital gains tax on sale of property in India is levied on the basis of the period for which the property was with the seller. If the asset was held for less than 2 years – it will be classified as short term capital gain and if the property was held by the seller […]