Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Get Ahead Tax expert Mahesh Padmanabhan on short term and long term capital gain tax issues arising out of selling your old home and buying a new home.
Success in this space demands more than luck, it requires sharp analysis, disciplined execution, and understanding market movers.
If an equity share is purchased before January 31, 2018, at Rs 100 and the highest price quoted on January 31, 2018, in respect of this share is Rs 120, there will be no tax on the gain of Rs 20.
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.
rediffGURU Samkit Maniar answers readers' personal income tax queries
The sale value of a property may be different for the investor and the government. The first thing to work out is the difference in tax treatment for long-term and short-term capital gains.
A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
Treats gains on sale of as capital gains, not business income, spares him from huge tax liability.
'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
The month's big event was the Union Budget 2008-09; however, it proved to be a bit of an anti-climax for mutual fund investors. The only noteworthy change was that the short-term capital gains tax was raised from 10% to 15%. In effect, short-term transactions will become less attractive for investors. Clearly, the benefits of long-term investing aren't lost on the Finance Minister either. However, the month was certainly not a staid one.
Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
Based on the holding period, the profit you make is liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
These funds can fetch double-digit returns over the long term which debt tax-saving products can't.
Tax Guru Anil Rego answers your personal income tax queries.
'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'
Since MAAFs invest across multiple asset classes, they offer diversification.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Confederation of Indian Industry said on Friday sharp fluctuations in the stock markets notwithstanding, the long-term outlook of the Indian capital market is bullish.
The government is trying to send a signal it wants to stimulate the economy and the stock market.
'The only good thing is people will not be required to maintain their medical bills and invest time in that.'
There are, however, a few aspects to factor in before considering G-Secs as an investment option, advises Bindisha Sarang.
Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better.
rediffGURUS Hardik Parikh, Tejas Chokshi, Mihir Tanna and Sanjeev Govila answer your tax related queries.
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
A N Shanbhag explains various issues related to the Securities Transaction Tax
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The proposed tax exemptions and benefits notwithstanding, these new investment instruments would still be 'revenue accretive' for the government in the form of additional taxes.
If companies recover the fringe benefit tax on employee stock options from the beneficiaries, does it still make sense for employees to go for them?
'If the portfolio growth rate is higher, take this loan. If it is lower, liquidate your investments.'