WebTAX ON LONG-TERM CAPITAL GAINS Introduction Gain arising on transfer of capital asset is charged to tax under the head “Capital Gains”. ... 2024 he purchased equity shares of … WebMar 22, 2024 · The amendment was introduced in the form of section 112A. According to this section, any long term capital gains arising from the sale of equity shares held for the …
Taxation of OEICs and unit trusts - abrdn
WebMar 12, 2024 · Long-term capital gains (or LTCG) from equity is taxable at 10% (plus surcharge and cess as applicable) after a holding period of one year. This includes equity stocks as such and equity-oriented mutual funds. However, this LTCG tax of 10% is applicable for gains beyond Rs 1 lakh per WebApr 20, 2024 · The Government has extended the tax exemption on gains on disposal of equity investments provided under Section 13Z of the Singapore Income Tax Act (the Act) which was originally effective till 31 May 2024, to 31 December 2027. The Inland Revenue Authority of Singapore (IRAS) has also updated its e-Tax guide, Certainty of Non taxation … staten island family shelters
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WebFeb 1, 2024 · As discussed below, H.R. 5376 would, if enacted, still make certain changes to the taxation of private equity. The current bill would also impose a 5% or 8% surtax on … WebGains of up to Rs 1 lakh in a year are tax free. Only gains above that limit will be taxed." He went to explain: *Suppose you invest Rs 2 lakh in stocks or equity funds in February 2024. *You sell the investment for Rs 2.75 lakh in March 2024. *Up to Rs 1 lakh LTCG are tax free so the gains of Rs 75,000 will not be taxed. Web16 Likes, 1 Comments - ᴠᴀɴᴇssᴀ sᴀɴᴄʜᴇᴢ (@vanessasellsthedesert) on Instagram: "Buying a home can be a very emotional experience. For some it’s ... staten island fall events