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WEALTH TAX REINTRODUCTION
Union Budget 2026: IBA suggests Rs 10k cr fund to provide capital subsidy to biogas industryThe Indian Biogas Association is urging the government for a Rs 10,000 crore fund in the upcoming budget. They propose increased capital su...- Union Budget 2026: Govt should refrain from hiking income tax surcharge on super-rich, experts sayIndia Budget 2026: Tax experts advise the government against increasing income tax surcharges on the super-rich or reintroducing wealth tax...
- A study pitches for reintroduction of wealth tax to address inequalityThe study carried out jointly by Ashoka University and think tank Centre for Budget and Governance Accountability (CBGA) has observed that ...
- Why investors can avoid domestic fund of fundsThe usefulness of FoFs reduces drastically when it comes to the domestic scenario. Some of the recent launches are FoFs that invest in thei...
- 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.
- Spotlight falls on ULIPs as MFs are stung by the LTCG beeExperts believe that the imposition of 10 percent tax on LTCG on direct equity and equity-oriented mutual funds on gains above Rs 1 lakh in...
- Do mutual fund investors need ULIPs to diversify portfolio?Some mutual fund investors are insisting on buying unit linked insurance plans (ULIPs) to diversify their portfolio further, say mutual fun...
- Does it make sense to recycle your ELSS investments after return of LTCG tax?Some mutual fund investors love to recycle their investments in Equity Linked Saving Scheme or ELSS to claim tax benefit under Section 80C ...
- Double whammy: STT and LTCG to co-existAny profit made till January 31 is exempted from LTCG.
- Should India reintroduce inheritance tax? Here are 4 expert viewsKnown as the estate tax, it is levied on the value of assets passed on to legal heirs through inheritance. Here is what four experts have t...
- Tax agricultural income above Rs 50 lakh: PanelFinance minister Arun Jaitely has repeatedly stated the government's stance of lower tax rates to help boost consumption and savings in the...
- Why Jayant Sinha is mistaken about the benefits of reinstating Inheritance taxBy not re-introducing estate tax, India can pitch to overseas high networth individuals of Indian origin to return and invest in India.
- Budget 2014 should aim at fuelling growth and controlling inflation: Dr Rajiv Kumar"To create jobs the most important thing would be to expand exports and to aim for an ambitious target of around a trillion dollars in expo...
- CAs inherit quick wealth as the affluent fear Estate DutyEstate duty is known in many countries as the 'death tax'. In US, estate tax is imposed on the transfer of 'taxable estate' of a deceased p...
- Union Budget 2012-13: What salaried individuals can expect from the BudgetCommittee has recommended that the limit for investments made under Section 80C be enhanced to Rs 1,50,000 from Rs 1,00,000 now.
- Inheritance tax, if brought again, may hit India's global ambitionsEstate duty was payable by the executors of the estate of a deceased under the Estate Duty Act, 1953, till June 16, 1985, after which it wa...
- US estate tax spells taxing times for NRIsAmerica's 'death tax' is set to be introduced in new year. The estate tax is imposed on 'all global' estates of a deceased US citizen.
- TUs oppose tax on PF withdrawalsCentral trade unions on Thursday joined hands to mount pressure on the government to shelve the new Direct Taxes Code, which proposes to ta...
- STT removal in Direct Taxes code finds favour with market playersThe removal of Securities Transaction Tax (STT) proposed in the new Direct Taxes Code may prove beneficial for market players as it may bri...
- Tax the rich, says Citu’s Budget wishlist againReflecting the tone of the Left wishlist for the Budget, CPM’s trade union wing, Citu, is toeing the familiar ‘tax the rich’ line. In finan...
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