Hi,
Most of the stocks in nifty 50 available at half of the regular prices.
If we buy now and sell after 2 years, the money almost will be doubled.
Will there be any income tax ?
Would LTCG be exempted from next budget??
Menu
LTCG tax on gains from equity
Replies (6)
as of now , PoH > 1 year
LTCG on listed shares in INDIA recognized stock market is taxable @ 10 % over & above Rs. 1,00,000
If we invest 10lacs now and if it become 20lacs by march 2022.
Only one Lac exempt??
Won't it be exempt from 2021 budget
Only one Lac exempt??
Won't it be exempt from 2021 budget
For equity shares period of holding is 1 years for short term...
for long term tax rate will be 10%.however gain upto 1lacs is exempt
for long term tax rate will be 10%.however gain upto 1lacs is exempt
But LTCG on equity may be fully exempted through next budget
No such amendment
Upcoming budget..
LTCG recovery on shares is only for one full year as per the FM in the earlier press meets.
It may be exempted from upcoming Budget
LTCG recovery on shares is only for one full year as per the FM in the earlier press meets.
It may be exempted from upcoming Budget
Recent Topics :
- ITR FORM FILING REGARDS
- TDS JUSTIFICATION REPORT
- Capital gains on Sale of Transferred shares
- Unbarred returns
- One time commission filing in ITR2
- 600128 HSN rate
- Social Security benefit from US by resident
- E-way notices
- Itr form for Salary income, Interest, Dividend And
- Will my TDS be deducted as NRI?
Related Topics :
CAclubindia
