Tag Archives: Capital Gain

How is the budget? The corporate world says it’s great! Ask the middle class and they say both the rich and the poor are benefitted while they are left high and dry. Day traders and traders in Stocks are unhappy due to the increased tax rates.  Several amendments have been …

Meaning: Buy-back of shares, in simple terms, means the purchase by a Company of its own shares in accordance with the provisions of law. There are two modes of buy-back: Direct buy-back- i.e. directly from the shareholders (Off-Market deals) Buyback through stock exchange (On-Market deals) Let us understand the various …

Hello My NRI friends, Do you own a property, say House, plot or a flat in India? In case you hold one and decide to sell such property, you are subject to Capital Gain Tax. How much taxes are to be paid? It depends on the period of holding of …

The existing provision of the Act provide for concessional rate of tax and also indexation benefit for taxation of capital gains arising from transfer of long-term capital asset. To qualify for long-term asset, an assessee is required to hold the asset for more than 36 months subject to certain exceptions, …

Mr.Bhushan, an industrialist, is finding it hard to run his business over the last couple of years and has accumulated Rs.57 Lakh as a business loss. Now (in July 2015) he has decided to sell a portion of the industrial land (brought in 1998) of the company to repay the …

At least in my family, no one at home has subscribed to the idea of buying gold through Gold Exchange Traded Fund (ETF). People prefer physical gold over demat gold! Gold is there to touch and feel, not to see through internet in demat account, is what I have been …

The most confusing aspect is ‘tax on mutual funds’ Actually if we decode the provisions, it’s easy. After reading this article, please leave your comments in the space provided at the end of this page whether you have understood the tax provisions of mutual funds!   The Basics I am …