Investors holding assets acquired before April 1, 2017, have received a significant reprieve. The Central Board of Direct Taxes has clarifi...

No indexation benefit on loss: The government has provided partial relief to the homeowners for properties bought before July 23, 2024 and ...

Currently, the holding period to qualify as a long-term asset for units of an equity-linked mutual fund is 12 months, whereas it is 36 mont...

"Many investments were made in India through Singapore, Mauritius and Cyprus entities that merely existed on paper... where it appears thes...

Prior to getting listed unicorns have to bring down the per share price, so that small retail investors can participate in the issuance. Th...

As the grandfathering is to be allowed by comparing different values (such as cost, sale price and market price as on 31 January 2018) for ...

Three Mauritius-based investment arms of Tiger Global had approached the AAR after the Income Tax Department rejected their application see...

India needs to make its position on the subject clear. Either we implement the stated policy of granting tax treaty benefits and ensure tha...

MLI, which is going to replace everything from April 1 is silent on grandfathering.

Many PE funds and FPIs that had invested in India through Mauritius and Singapore had got a grandfathering benefit whereby they were allowe...

Several foreign investors had subscribed to Compulsory Convertible Preference Shares (CCPS) before April 1, 2017.

As per latest rules, selling of any stock held for less than a year will be subject to short-term capital gains.

Mutual funds that invest 65% or more of their corpus in equity and equity-related securities at all times are called equity oriented mutual...

Jaitley in Budget 2018-19 had reintroduced the LTCG tax on gains exceeding Rs 1 lakh.

Dilip Lakhani, Senior Chartered Accountant, answers queries from our readers on income tax and other levies.

The Income-Tax Department also tweeted that ‘grandfathering’ will be applicable to FPIs.

FIIs are worried that the tax department might send notices on bonus shares and convertible shares issued on the underlying security held b...