Tag: term

What is indexation in calculating long term capital gains tax? Does the removal of indexation benefit in the Budget mean you will pay more tax? | Explained News

[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 […]

3 Sectors on which Kunj Bansal is Bullish in Medium Term

[ad_1] “The auto ancillary stock called Sona BLW is one such stock that I feel good about. The company is doing very well and will continue to perform well. It is expected that its June quarter numbers should also be good,” says. Kunj BansaliFounder, investment-illiteracy.com. Overall given that the market structure has changed and there […]

Stock to Buy: Go Green! 3 power stock ideas for your long term portfolio

[ad_1] The theme ‘Grey to Green’ is gaining momentum in India as the renewable energy sector is set to grow four times by 2030. As India aims to meet 50 percent of its energy requirement from renewable energy by 2030 and reduce its carbon emissions by 45. Percentage, domestic brokerage firm Securities finds opportunities for […]

RBI policy rate hike: RBI’s decision to hike policy rate to help economy in medium term, says Assocham

[ad_1] industry body Assocham said on thursday Reserve BankThe decision to increase the benchmark lending rate by 50 basis points to 4.9 per cent will help the Indian economy in the medium term. The central bank on Wednesday hiked the repo rate for the second time in five weeks. Earlier, it had increased the short-term […]

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