MUMBAI: In a significant decision, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, distinguished between a legal owner (an individual whose name is merely added on purchase of a property,…
Two types– Long term capital gains (LTCG), Short term capital gains (STCG)But first what is indexation?Indexation in capital gains tax adjusts the purchase price of an asset for inflation, reducing…
BSE Sensex, the Indian equity benchmark index, has rallied nearly 6,300 points or 8.2% in the first 100 days of Prime Minister Narendra Modi's third term. This remarkable rise has…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red a day after the Union Budget 2024 speech by FM Nirmala Sitharaman. Both BSE Sensex…
A tax proposal in the budget has effectively created two classes out of those intending to sell their property.Here’s how.First, long term capital gains (LTCG) tax has been reduced from…
Chris Wood, a global equity strategist at Jefferies, believes that potential changes in the capital gains tax regime for stock market transactions pose a more significant risk to Indian markets…