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COMPUTING OF LTCG
Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...- Best arbitrage mutual funds to invest in June 2026Arbitrage mutual funds offer attractive after-tax returns for investments held over a year, taxed at 12.5% like equity funds. These funds e...
- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
- Best arbitrage mutual funds to invest in May 2026Arbitrage mutual funds present an avenue for investors seeking returns over a year or more. These funds capitalize on price discrepancies b...
- Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
- Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factorWipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds...
- Best arbitrage mutual funds to invest in April 2026Arbitrage mutual funds offer attractive after-tax returns for investments held over a year, taxed at 12.5% like equity funds. These funds e...
- Invested in equities and want to cut your income tax? Use tax loss and gain harvesting before March 31, 2026Investors can save income tax by strategically selling equity shares and mutual funds before March 31, 2026. Tax loss harvesting allows off...
- Man cuts taxable income by Rs 25 lakh by setting off losses from shares and mutual funds against current LTCG: ITAT Delhi clarifies rulesITAT Delhi ruled that brought forward long-term capital losses and current year's short-term capital losses from shares and mutual funds ca...
- NRI cannot claim LTCG indexation benefit while selling property in IndiaLTCG indexation benefit on sale of house property: The government has provided partial relief to the homeowners by providing an option of i...
- Capital gains tax changed, big relief for homeowners: 12.5% LTCG tax or 20% tax with indexation, which will reduce tax outgo?Capital gains indexation calculation after amendment of Finance Bill, 2024: The Union government offers a huge relief property owners by al...
- Without drastically raising taxes, govt has simplified taxation, benefiting middle class: Nirmala Sitharaman in Finance Bill replyEffective tax on annual income of Rs 15 lakh was reduced to 10% in 2023 and further reduced this year as well under new I-T regime, Sithara...
- LTCG tax: How to save long-term capital gains taxInvestors can set off their long-term and short-term capital loss against long-term capital gains. This minimises the tax liability and onl...
- Govt may tweak rules for long-term cap gains taxCurrently, 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...
- Finance Ministry notifies cost inflation index for FY 2019-20 as 289This number is important as it is used to arrive at the inflation-adjusted purchasing price of assets and thereby long-term capital gains.
- Cost inflation index FY 2018-19 used for LTCG calculation notified by governmentCII number is used to compute the inflation-adjusted purchase cost of an asset in order to calculate LTCG on it when it is sold.
- Here's how to calculate tax payable on your capital gainsLong-term capital gains and short-term capital gains are taxed at different rates as per I-T laws. Here's how you can calculate payable tax...
- LTCG tax: Unlisted companies' shares listed after January 31, 2018 to get indexation benefitThe 2018-19 Budget had after a gap of 14 years reintroduced 10 per cent tax on long-term capital gains(LTCG) exceeding Rs 1 lakh from sale ...
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