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The Central Board of Direct Taxes (CBDT) has notified the income tax return forms ITR-1 and ITR-4 for the financial year 2024 ...
Around 31 equity mutual funds have outperformed their respective benchmarks in the last three, five, and seven years.
If you are an NRI, who has invested in Indian mutual funds, it is possible that the capital gains from those investments ...
Gold prices continued their record-breaking streak, rising Rs 70 to hit Rs 98,170 per 10 grams in the national capital on Thursday, according to the All India ... in equity mutual funds help ...
April 17 (Reuters) - India markets regulator on Thursday proposed to increase mutual funds' investment ... has proposed raising equity funds' net asset value in REITs and InvITs to 20% from ...
A total of five debt fund categories saw yoy folio contraction of more than 6%. ACTIVE EQUITY FUNDS ADD 4.10 CRORE ... have emerged as a lucrative and tax-efficient proxy for liquid funds.
The Mumbai bench of the Income Tax Appellate Tribunal recently ruled that capital gains from mutual funds were not taxable in India under the India-Singapore tax treaty, as mutual fund units fell ...
Taxation of units of an equity oriented fund A fund that invests a minimum of 65% of its total proceeds in equity shares of domestic companies, listed on a recognized stock exchange, is classified as ...
"This benefit of capital gains on sale of units not being taxable in India will ... 46.91 lakh from equity mutual funds during the financial year 2021–22. In her Income-Tax (I-T) return, she ...
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax ...
Tax harvesting: Finally, you could also consider redeeming your equity mutual fund investments to avail certain tax benefits such as offsetting capital gains by booking capital loss or booking ...