If held for more than 24 months, LTCG is taxed at 12.5 per cent without indexation. If held for less than 24 months, gains are treated as STCG and taxed at normal slab rates.
New gold investment tax rules took effect from July 23, 2024. As per the new rules, long term capital gains on physical gold, ...
Nirmala Sitharaman in Budget 2024-25 cuts LTCG tax on property sales to 12.5 percent but removes indexation, impacting ...
The capital gain rules have changed for property sold on and after July 23rd, 2024. Today's Ask Wallet Wise query decodes the income tax rules for the computation of capital gains for FY2025-26.
Non-resident Indians (NRIs) in India have always seen property buying as a preferred option when it comes to investing their money. But when it comes to selling that property, tax rules at times can ...
The rules for calculating long-term capital gains (LTCG) have changed, but the Cost Inflation Index (CII) is still required in certain scenarios to determine the income tax liability. The Income Tax ...
Despite similar tax treatment, debt MFs enjoy certain advantages over FDs. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Michal ...