Budget
2017-18: Phase out the Rajiv Gandhi
Equity Savings Scheme - RGESS from
2018-19. Share market participants have
interpreted a Budget proposal as a move to phase out the Rajiv Gandhi Equity
Savings Scheme (RGESS) from 2018-19. Under the scheme,
first-time investors wit…
Showing posts with label Share - TAX. Show all posts
Showing posts with label Share - TAX. Show all posts
Indian Corporate Tax Rate Amongst Highest in the World..!
Indian Corporate Tax Rate Amongst Highest in the
World..! We
always get the feeling that we're paying too much tax. And so do our companies.
But how do our corporate tax rates really stack up
against the rest of the world? Indian Corporate Tax Rate Amongst Highest in
the Wo…
TAX ON LONG-TERM CAPITAL GAINS
TAX ON LONG-TERM CAPITAL GAINS Introduction
Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”.
Income from capital gains is classified as “Short Term Capital Gains” and “Long Term
Capital Gains”. In this part you can gain knowledge a…
Rajiv Gandhi Equity Savings Scheme: Investment of Rs.50,000 per Year, and for 3 consecutive years.
Rajiv Gandhi Equity Savings Scheme: Maximum investment of Rs.50,000 per
financial year, and for 3 consecutive assessment years. Rajiv Gandhi Equity Savings Scheme & Benefits..! * Rajiv Gandhi Equity Savings Scheme (RGESS) is a equity tax advantage
savings scheme for equit…
Equity, Equity MF: Long Term, Short Term Capital Gains..!
Equity
Shares, Equity MF: Long Term Capital Gains, Short Term Capital Gains Long-term capital gains on transfer of equity
shares / units in cases covered by securities transaction tax [ Sec.10 (38) ] –
Long term capital gains arising on transfer of equity shares or / units of…
Paying Tax on Capital Gains..
Paying Tax on Capital Gains.. By CIEL Capital gains accrue
when an investor sells an asset (Property, Shares, Mutual Fund Units) for profit. The income tax (IT) laws define
capital assets and mandate that investors pay the applicable tax on shorter
long-term gains. The h…
Income Tax and CAPITAL GAINS..
Income Tax and CAPITAL GAINS.. Profits
and gains arising from transfer of a capital asset (Property, Stocks, Mutual Funds, Gold, Silver etc) are chargeable to income tax
under the head, Capital Gains (Sections 45 to 55A)*. Capital
gains can be divided in 2 categories i.e. s…
2014-15: Cost inflation index raised by 9.05%
In the 2013-14 year
the cost inflation index increased 10.2% The Central Board of
Direct Taxes (CBDT) has specified a value for the cost inflation index for
2014-15. A cost inflation
index helps reduce the inflationary gains, thereby reducing the long-term
capital gains tax …
Cost inflation Index for Financial Year 1981- 82 to 2014 - 15..
Cost
Inflation Index (CII) for Financial Year
1981 - 82 ( Base Year) to 2014 - 15 is given below
for your reference. Financial Year
Cost Inflation Index 1981
- 82 100 1982
- 83 109 1983
- 84 116 1984
- 85 …
Rajiv Gandhi Equity Savings Scheme : Govt may cut lock-in to one year
The central government aims at channelising household savings into share markets through this Rajiv Equity Savings Scheme
The government is likely to reduce the lock-in period under the Rajiv Gandhi Equity Scheme for new equity investors to 1 year from 3 years proposed in…
