Web25 de set. de 2016 · Interest income of NRE or FCNR accounts is exempt from income tax in India. Capital gains tax rate for NRIs is same as that for residents. Short term capital gains (holding period<=1 year) on the sale of equity/equity funds are taxed at flat 15%. Long term capital gains (holding period > 1 year) on sale of equity/equity funds are … Web4 de fev. de 2024 · For the short-term capital gain, investors/traders have to pay a flat 15% as STCG Tax on their profits. It doesn’t matter which income tax slab you are in, you …
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Web8 de dez. de 2024 · LTCG on listed shares is exempt up to Rs 1 lakh. LTCG on listed shares of more than Rs 1 lakh is taxable at a rate of 10%. However, the benefit of indexation is not available. STT must be paid on such shares for the exemption. Long term capital gain on unlisted shares is taxable at a higher rate of 20%. Moreover, such a sale … Web31 de mai. de 2024 · Ans: As per section 54EC – An assessee can claim tax relief by investing the amount of long-term capital gain arising from: a) any long term capital asset (upto A.Y 2024-19) b) long term capital asset being land or building or both (From A.Y 2024-20) in the specified bonds as follows: mccoy couch furniture
I-T dept notifies Cost Inflation Index for current fiscal
Web13 de mar. de 2024 · Long-term capital gains (LTCG) on the transfer of listed equity shares and equity-oriented mutual fund schemes were tax-free until the 2024-18 fiscal year. … Web31 de jan. de 2024 · This calculator can be used to calculate long term capital gains (LTCG) and the corresponding LTCG tax liability for listed shares and units of equity oriented mutual fund schemes sold between 1.4.2024 and 31.3.2024 both dates inclusive. Purchase dates can be entered only up to 31.3.2024. FMV or Fair market value is … WebShort term capital gain tax. A capital gain is a profit realized through the sale, transfer, or disposition of an investment property or asset. The profit generated from the sale of … mccoy cove mine in nv