The NDA government has earned Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, which is about 15 per cent growth over the last year, Minister of State for Finance ...

The case involved A Shah, a Singapore tax resident, who declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs ...

The case began when an NRI tax resident in Singapore declared capital gains of ₹1.35 crore for FY 2021–22: ₹88.75 lakh from debt mutual funds and ₹46.91 lakh from equity mutual funds. She sought tax ...

To save on long-term capital gains tax, investors can utilize Section 54EC by investing in specific long-term bonds, which ...

Nilesh Shah has warned that high-net-worth individuals could exploit tax treaties with some countries to avoid India’s ...

Following Budget 2024, the long-term capital gains on domestic and foreign equity funds/ETFs/FOFs were to be taxed at 12.5%. The new rules are effective from July 23, 2024. However, Gold Mutual Funds ...

Terming it ‘historic’ Delhi Chief Minister Rekha Gupta on Tuesday presented her first Budget of Rs One Lakh Crore ( Rs One Trillion) for the year 2025-26 marking a 31.5 per cent increase from ...

Thus, he held that Jain's share of the sale proceeds of Rs 27 lakh would be taxable ... of the property from the sum of Rs 27 lakhs. Capital gains tax would be payable only on the net sum arrived ...