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About 11 results for "stcg"

Indexation benefit applies to long-term capital gains

Indexation benefit applies to long-term capital gains

My grandfather wants to sell a piece of agricultural land that he had acquired from his father. He wants to sell this land for around Rs. 20 lakh. Will this amount be taxable? If so, how? Will the duration of holding matter in this case? —Krishna ..., 1 week ago
SPi World News

UK: M&S Faces Prospect Of Being Dragged Into Food Price War (Subscribers Only Content)

World News: 11:41 GMT Monday 7th April 2014 . [ ] This story Please login to read the following story - UK: M&S Faces Prospect Of Being Dragged Into Food Price War Read More: ...
 SPi World News1 week ago

Dividend income from foreign MFs taxed at normal slab rates

I had made significant investments in US mutual funds (MF) while I worked there. I returned to India for good in 2002, but continue to hold these investments till date. Through these investments, I generate income through dividends, long- and ...
 Livemint.com3 weeks ago

Is your I-T return being reassessed?

Filing your tax returns is only one part of the Income Tax laws. It is equally important to have your assessment completed of the returns filed. After filing I-T returns, most tax payers don't bother about it unless they have filed for a tax refund.
 Smart Investor4 weeks ago

It's time to save taxes by setting off equity losses

Book profits, adjust past losses and save on taxes as well. It is that time of the year when you can reduce your tax outgo by setting off gains made from equities in this fiscal against losses of the previous year. The catch here is that profits ...
 Times of India1 month ago

Long-term capital loss can be set off against capital gains

I have incurred a capital loss of Rs. 5 lakh on sale of shares. Can I set this off? —Rajkumar Sahoo If you have held the shares for less than 12 months from acquisition date, then the resulting loss of Rs. 5 lakh shall be termed as ...
 Livemint.com1 month ago

Forex over $10,000 coming into India has to be declared

I work in Singapore. I wanted to know how much, in cash and in kind, can I bring into India without inviting tax? —Gaurav Narang Under the Foreign Exchange Management (Export and Import of Currency) regulations, 2000, you are allowed to ...
 Livemint.com1 month ago

Treatment of losses while filing returns

As we enter the last month of the current fiscal year, for this week let us examine an important yet often overlooked aspect of the tax return filing process the adjustment of losses. The Income Tax Act allows the taxpayer under certain conditions ...
 The Freepress Journal1 month ago

Interest income from FDs held in NRO account is taxed at 30%

How are non-resident ordinary (NRO) fixed deposits taxed? What is the tax on capital gain on mutual fund (MF) bought by foreign exchange from an NRO account? The interest income from a fixed deposit held in an NRO account is taxable in India at ...
 Livemint.com1 month ago
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