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NEWS January 25, 2022 LTCG tax impact: Equity mutual funds see huge redemptions in March
By: Loknath DasThe mutual fund industry witnessed huge redemptions in equity schemes in March as investors lined up to redeem their units and save on 10 per cent long-term capital gains tax that the government has proposed. According to data released by Association of Mutual Funds in India, while the gross investments into equity schemes of mutual […]
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ALL DEALS August 13, 2016 LTCG on Indian equity shares are tax exempt
By: sristy SahaiStockPhoto I want to sell my house in Bengaluru, India, and reinvest it by buying a house in the UK where I live. How will I be taxed? —Kumarika Singh Sale of property situated in India will be taxable in the same year. An immovable property held for more than 36 months is classified as […]