One request—increase tenure of LTCG for equities to 2 years & make tax nil. Let STCG tax remain as it is." He argued that the move would significantly benefit India in the long run by attracting ...

Inherited properties come with tax implications. Here are some tips for those who have inherited property to reduce their ...

"However, taxation comes into play when the heir decides to redeem or sell these inherited mutual fund units. The tax ...

Non-Adjudication on Section 87A Rebate for STCG: The court refrained from making a conclusive ruling on whether the rebate ...

Finance Minister Nirmala Sitharaman's modification of LTCG tax regulations allows taxpayers to choose between a 20% tax with indexation or a 12.5% tax without indexation. This gives property ...

it is followed by other taxes levied by sellers including the GST, making charges, and TDS. How do international gold rates affect the gold market in India? The fluctuation in the international ...

Technically there is no tax if taxable income up to 12 lakh (except special rate income), as you get rebate equivalent to tax ...

Do you have income tax-related queries? Please ask your questions HERE and rediffGURU Mihir Tanna, associate director, S K Patodia and Associates, will answer them. Illustration: Dominic Xavier ...

Fourth, in the latest Union budget, the rate of the LTCG tax for FIIs was increased to 12.5% ... But then, what are their ...

Interestingly, when the hike in LTCG and STCG rates was announced last year ... “Also, global hedge funds face a tax problem when investing in India. Firstly, most prominent jurisdictions ...