by niranjan | Mar 14, 2018 | Finance, Taxes
Though this applies to every tax payer, it is aimed at the young ones who are in the 5 – 6 lac salary range. The time to plan tax saving investments is at the starting of the year – in the first week of April. However, quite a few realize that some tax breaks were...
by niranjan | Feb 2, 2018 | Finance, Taxes
Even though the country was expecting it, it felt like a bomb when Mr.Jaitley reintroduced the LTCG on Shares and Equity Mutual Funds. Here are the details. The LTCG is 10%. No indexation benefits are available for the calculation of this LTCG. However, the gains are...
by niranjan | Sep 19, 2016 | Finance, Taxes
Whenever one sells a house after holding it for a period of 3 years, the gains from the sale of the house is eligible for taxation under the Long Term Capital Gains section. It is only 20% of the gains, after indexation – as against the usual tax that is 30% of all...
by niranjan | Sep 18, 2016 | Finance, Taxes
Whenever one sells a house after holding it for a period of 3 years, the gains from the sale of the house is eligible for taxation under the Long Term Capital Gains section. It is only 20% of the gains, after indexation – as against the usual tax that is 30% of all...
by niranjan | Mar 13, 2016 | Basics, Finance, Taxes
It is my opinion that investment in Real Estate is one of best ways of building long term wealth. There are several reasons for this and will discuss them in future newsletters. One of the most important points that affect the returns in an Real Estate investment is...
by niranjan | Apr 13, 2015 | Basics, Finance, Real Estate, Taxes
No sooner that I had sent out the post on Long Term Capital Gains, I got a lot of feedback that it was not the registration date, but the date on the allotment letter that has to be considered for calculation of the Long Term Capital Gains. I relied on a Tax Lawyer...
