Tag Archives: long-term capital gains (LTCG)

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 …

Will the Government abolish Income Tax? This question pops up once in a while in the public domain. To answer this, here is the estimated total Tax revenue of the Union Government for FY23 – Corporate Tax (Tax paid by business entities) Rs.7,20,000 Crores Income Tax (Tax paid by salaried …

I come across queries about tax payable on sale of a flat or a house. Generally, people have a good understanding about capital gain taxes. However, when it comes to the actual transaction, they seek professional help. Broadly, the scope of capital gain tax is covered in this article. Hope …

  It is that time of the year when tax planning becomes essential to reduce tax liability. Little bit of planning will help you to reduce your tax outgo on your share transactions.   Book loss and adjust against past profit if any and save tax. You can reduce your …