Ltcg

Rediff.com » News » Ltcg

News for Ltcg

Business

LTCG tax gains only for top 500 stocks?

The Budget may restrict the long-term capital gains tax exemption to only the top 500 listed companies. The feeling is that since several small stocks are subject to price manipulation, investments......

Ambiguity over clubbing minor's income

Under the Income Tax Act (I-T Act), the income of a minor child is clubbed with that of one of his/her parent, whoever earns more. But the question that arises is whether such income is to be......

How to save tax when selling property

You can invest the proceeds in capital gains bond or reinvest in another residential property. Property values have shot through the roof. There are many who are, hence, investing in property......

Real estate: How the new tax code impacts you

The revised draft for the Direct Tax Code released on June 15, is currently a hot topic of discussion among people. The code is an attempt by the government to simplify the existing income tax laws......

Selling inherited gold? Pay tax!

Your mother gave you those ancestral bangles at the time of your marriage as streedhan. Now you want to sell it. Then be ready to shell out capital gains tax. This tax needs to be paid even though......

People speak for ltcg

QNA

Q. My wife and self have bough house 5 years before and want to sell the same We have got LTCG in this case and want to reinvest the same immediately, we want to purchase the property in my wife's name .only now is their any problem as now my name is not their but the old property sold Capital gain was in joint name .Do I have to pay any gain?Will I have to pay any capital gain as now my name is not their.The total gain will be reinvested?
Sanju: A. more

http://qna.rediff.com/questions-and-answers/my-wife-and-self-have-bough-house-5-years-before-and-want-to/23299304/answers/

Q. I have bought shares for company A for 1000Rs. The price of the share started falling consistently and I kept buying at lower levels to average my price. Now when I sold these shares at 600Rs, the transaction got me Long term capital loss, LTCG and STCG, since some of the shares bought earlier were at a higher price and hold period was more than a year. From what I have understood in the readings in your site so far, the LTCL has to be ignored i.e cannot be offset against LTCG(since LTCG is not taxable) or STCG and for the STCG I need to pay the taxes. Please correct me if I am mistaken. I hav
Sanju: A. hold. more

http://qna.rediff.com/questions-and-answers/i-have-bought-shares-for-company-a-for-1000rs.-the-price-of-/23299304/answers/15286175

Q. Is LTCG from sale of shares taxable ?Can tax on STCG be saved by investing u/s 80C
Amit Sinha: A. LTCG on shares of listed companies is not taxable. more

http://qna.rediff.com/questions-and-answers/is-ltcg-from-sale-of-shares-taxable-can-tax-on-stcg-be-saved/15286144/answers/14615207

Q. Please inform the allowable time limit within which period one needs to deposit the long term capital gain amount in a nationalised bank. Till such time can I retain the money in my savings bank account. \Secondly do I have to deposit the entire sale proceeds or the LTCG amount only.
Krishnan Mohan: A. within six months., if u want to invest for seven year then capital gains onlyif for three yearsm, then full sales amount more

http://qna.rediff.com/questions-and-answers/please-inform-the-allowable-time-limit-within-which-period-o/6692394/answers/14323240

Web results for Ltcg

Gift from relatives not taxable

While buying and selling shares, we incur /loss, and short term capital gain/ loss. For how many financial years can the long term / short term... ...

http://www.thehindubusinessline.com/features/investment-world/gift-from-relatives-not-taxable/article4683788.ece

NRIs need to pay tax in India only on income they earn here

If profit on sale of property is earned in India, youll be liable to pay tax on the capital gains. Saroj Maniar Pradeep Gaur/Mint Also Read I have... ...

http://www.livemint.com/Money/b48ZE2rGEkFUcFofZtEeGO/NRIs-need-to-pay-tax-in-India-only-on-income-they-earn-here.html

Dealing with property

While selling property, many are confronted with the problem of how or where to invest the money from the sale. Financial experts say that besides... ...

http://www.dailypioneer.com/sunday-edition/foray/goodlife/dealing-with-property.html

Who should invest

Under the Section 54 EC of the Indian Income Tax act, investing in these bonds help you save LTCG tax of 20 percent applicable on the gains you made. ...

http://www.firstpost.com/investing/rural-electrification-corp-issues-54-ec-bonds-who-should-invest-690733.html

Children from both first and second marriage are class I heirs

I made capital gains of Rs.80 lakh by selling my house in November. I plan to purchase two flats, one costing Rs.50 lakh and the other Rs.30 lakh... ...

http://www.livemint.com/Money/p5741dFYXqykqJN7tUkwHI/Children-from-both-first-and-second-marriage-are-class-I-hei.html

See All

Rediff News

Ltcg

News for Ltcg

LTCG tax gains only for top 500 stocks?

Ambiguity over clubbing minor's income

How to save tax when selling property

Real estate: How the new tax code impacts you

Selling inherited gold? Pay tax!

People speak for ltcg

Related Tags

Top Coverage News

Indian Premier League - IPL 2013

Coverage: The Match-Fixing Episode II - spot-fixing trial

Sachin Tendulkar : Cup of praise overfloweth - Reactions

Complete coverage of Mumbai blasts

Decoding India’s Corruption Wars - Ajit Balakrishnan's Blog