LTCG

3 min read

What is the tax legal responsibility on sale of farm land?

I'm a 33-year-old salaried skilled who desires to promote my ancestral agricultural land situated in a rural space. How ought...

2 min read

How are bond investments reported in ITR?

In FY 2022-23, I offered a flat and invested a taxable portion after indexation in bonds of Rural Electrification Corporation...

3 min read

How is sale of property by a dad or mum taxed?

My father is trying to promote some land that has been in his possession for greater than 8 years for...

3 min read

Amendments in finance invoice: Debt funds take a blow

The Finance Bill, 2023, was handed in Parliament on 24 March, with 64 extra amendments. Of these, 34 pertain to...

3 min read

Sale of properties: how is LTCG calculated?

How are the long run capital positive aspects (LTCG) calculated in these eventualities: Scenario 1: I offered a property in...

4 min read

Why market-linked debentures must have grandfathering leisure

For a danger averse investor who desires to put money into a debt safety however with a return linked to...

2 min read

How are NRIs taxed on sale of property?

I'm an NRI (non-resident Indian) residing in Singapore. I purchased a property in August 2010 for ₹30 lakh in Noida....

3 min read

Is excessive circle charge unhealthy information for residence consumers?

My mom, who's retired, and I purchased an condo (on resale) in Gurgaon just lately. To our shock, the circle...

2 min read

Can I reinvest positive factors from property sale?

I lately bought a home and made a capital acquire of ₹60 lakh. I don't want to put money into...

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What to do if I don’t get intimation of ITR?

I filed my revenue tax return (ITR) in July 2022 however neither has it been processed until now, nor have...

4 min read

Proposals referring to Capital positive aspects in Finance Bill 2023

The finance minister has proposed some provisions coping with capital positive aspects within the price range offered Wednesday. In this...

3 min read

Possession of a plot given however sale deed not executed. Income tax rule defined

I had bought a plot of land in 1996.  I've agreed to promote the identical and have acquired your entire...

3 min read

Can I save proceeds from a land sale in FDs?

I offered my residential land for ₹50 lakh in January 2023. I had purchased it for ₹2.15 lakh in April...

4 min read

How capital good points on fairness are taxed internationally

But, over time, there have been rising issues, not simply in India but in addition many different nations, that levying...

4 min read

The dichotomy between taxation of bond and bond mutual funds

We have mentioned beforehand, the principles of taxation for bond and bond mutual funds. To recap, in bonds, the coupons...

2 min read

Income tax guidelines on sale of second home defined

Whether long run capital beneficial properties exemption is relevant for the transactions of sale of second house/third house or it is...

2 min read

My father purchased a plot and gifted me. I offered it. How revenue tax is calculated?

My father had purchased a plot of land in 1995 for Rs. 50,000. He transferred the identical to me throughout...

4 min read

Capital Gains Tax regime on the anvil – What is coming our approach?

With Union Budget 2023 not far away, finance minister Nirmala Sitharaman is as soon as once more inundated with many...

3 min read

4 earnings tax advantages you might count on from Budget 2023

Union Budget 2023 is not far away. Standard deduction hike, earnings tax reduction, improve Section 80C exemption, are amongst among...

1 min read

How do I calculate tax on my web LTCG?

LTCG revenue, exceeding ₹1 lakh, arising from sale of fairness shares shall be taxable @ 10% below part 112A of...