• NEWS
    LTCG tax impact: Equity mutual funds see huge redemptions in March

    The 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 […]

  • ALL DEALS
    LTCG on Indian equity shares are tax exempt

    iStockPhoto 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 […]