ltcg

Do NRIs have less advantage than residents on indexation benefits

Is it true that non-resident Indians (NRIs) can no longer avail of the indexation benefit, while residents still can?—Name withheld…

2 months ago

How to adjust your financial life after LTCG tax hike to 12.5%?

While still upset, we have adjusted. While we would love to go back to the pre-2018 days of 0% tax…

3 months ago

Should PMS investors switch to focused funds after new tax changes?

Portfolio management services (PMS) are navigating new challenges after the Union Budget for 2024-25 increased tax on long-term capital gains…

3 months ago

From simplicity to fairness: Indexation benefit for property restored. But is it enough?

The recent amendment to the Finance Bill, which offers the choice of a 20% LTCG tax with indexation or a…

3 months ago

LTCG amendment: Experts cheer decision to restore indexation benefit for property. Why this govt move matters

Land and building owners now have a reason to cheer. The government has proposed an amendment to the Finance Bill…

3 months ago

Budget 2024: How tax-free retail funds will benefit NRIs

The answer is yes as long as the money is not directly invested in equities. The Union Budget 2024-25 proposed…

4 months ago

Sold house in last 2 years? You may get both indexation benefit and lower 12.5% tax rate

The Budget has dealt a blow to property owners by removing the indexation benefit. Previously, sellers could adjust the purchase…

4 months ago

Confused whether capital gains tax on your asset sale will be short term or long term? Here is a complete guide

If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term…

4 months ago

Budget 2024: How will capital gains tax tweaks impact taxpayers? Beneficial, says I-T department. Here’s the math

In the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman on July 23, the tax rates for long-term capital…

4 months ago

Why retail investors want to see a change in capital gains tax

Capital gains tax has become a hot topic of conversation—after a video featuring the Union finance minister Nirmala Sitharaman and…

5 months ago

How Aditya Birla Sun Life MF, one of India’s first global Gift City funds, works

The fund is a close-ended Category II alternative investment fund or AIF. It has a term of 4.5 years, which…

5 months ago