Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
22 May, 2026, 07.21 AM IST
Why is everyone worried about LTCG?Since it's the Budget before the next elections, the government might think the LTCG tax will be good optics as it would be seen not sparin...
13 Dec, 2021, 01.40 PM IST
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.
06 Aug, 2019, 11.04 AM IST
Over 80% stocks see no LTCG tax after sub-zero returnsIn the BSE Allcap index, 24 stocks gained more than 50 per cent since January 31, 2018.
03 Jan, 2019, 07.52 AM IST
How to calculate long-term capital gains tax on mutual fund SIPsFrom April 1, 2018 any LTCG made on transfer of equity MFs will have to pay a 10 per cent tax on long-term gains above Rs 1 lakh per annum.
23 Nov, 2018, 04.56 PM IST
What is grandfathering clause for equity mutual funds?Tax on long-term capital gains made from sale of equity mutual funds is applicable from April 1, 2018. However, gains made till 31 January ...
18 Jun, 2018, 06.30 AM IST
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...
02 May, 2018, 11.16 AM IST
How to calculate LTCG on equity mutual funds after re-categorisationWhen a scheme is merged, you will not be taxed on the long and short term gains you will make whenever you will sell the units. Further, me...
25 Apr, 2018, 03.25 PM IST
Equity mutual fund inflow slumps 59% to Rs 6,657 crore in MarchAccording to a report by rating agency Icra, equity funds, including equity-linked saving schemes, saw monthly net inflow of Rs 6,657 crore...
13 Apr, 2018, 09.54 AM IST
LTCG tax’s impact on equity-oriented mutual fundsDividends on equity-oriented mutual funds are now taxed at 10 per cent.
02 Apr, 2018, 08.40 AM IST
Budget 2018: How LTCG tax on shares, equity MF units will be calculated as per proposed rulesThe Budget 2018 proposes to change how LTCG on equity shares and units of equity oriented mutual funds are taxed in your (an individual’s h...
22 Mar, 2018, 12.52 PM IST
Planning to invest LTCG in Sec 54EC bonds to save tax? Do it before 31 MarchYou should invest in 54EC bonds before 31 March 2018 as bonds issued after this date will have to be held for a minimum of five years.
22 Mar, 2018, 10.14 AM IST
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 ...
15 Mar, 2018, 03.19 PM IST
ESOPs may not get benefit of 'grandfathering' in new LTCG tax regimeIn the case ESOPs, where the stock is listed on the bourses after January 31, 2018, there would be no FMV as on Jan 31 because these shares...
01 Mar, 2018, 12.32 PM IST
What’s the impact of LTCG tax on equity mutual funds?In this year’s budget,govt has proposed 10% LTCG tax on gains made above Rs 1 lakh per annum.
08 Feb, 2018, 08.26 AM IST
ET in the classroom: Impact of LTCG on mutual fundsIn this years budget, the government has proposed a 10% LTCG tax on gains made above Rs 1 lakh per annum.
07 Feb, 2018, 08.52 PM IST
Selling shares, equity mutual funds at a loss? Wait till after March 31 to save LTCG taxReduction in LTCG would mean that you would not have to pay capital gains tax on the amount by which the LTCG has been reduced.
05 Feb, 2018, 06.13 PM IST