by niranjan | May 4, 2018 | Finance, Mutual Funds
In the last budget, the Finance Minister introduced a 10% Long Term Capital Gains tax on Shares and Mutual Funds, on gains above Rs. 1 lac. He also introduced a 10% tax – to be deducted at source – on Equity Mutual Fund dividends. This means that if you have opted for...
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 | 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...
