Thu, Feb 08, 2018
By Kunal Bajaj The Finance Bill, 2018 has introduced two major tax changes to Equity Mutual Funds — 10 per cent tax on Long Term Capital Gains above Rs 100,000; and 10 per cent Dividend Tax.
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Mon, Feb 05, 2018
The Indian market may correct by 20-30 per cent, but it is attractive to stay invested in the country for long-term, said Marc Faber, editor & publisher of “The Gloom, Boom & Doom Report in an exclusive interview with Zee Business.
The tax will be levied only upon transfer of the long-term capital asset on or after 1st April, 2018, as defined in clause (47) of Section 2 of the Act.
Thu, Jan 18, 2018
Extending the tenure of the Long-term Capital Gains (STCG) tax to two-three years from one, in line with non-equity mutual funds could be one possibility, experts said.
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