and capital gains from property sales and the stock market, Mr. A’s total income is around ₹12 lakh—seemingly making him eligible for a significant tax break. But here’s the catch ...

While capital gains are taxed at 12.5%, the highest business income tax slab is 30%. “This means that all gains emanating from the sale of securities will always be treated as capital gains ...

Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will be subject to a long-term capital gains ...

Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets. Investors can sigh relief for the 2024 tax year. Despite the capital gains inclusion ...

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special rates. Taxpayers under the new regime can claim a maximum rebate of Rs ...

This income will be taxed like long-term capital gains, no matter how long you’ve actually owned your fund shares. Long-term capital gains tax rates are based on your overall taxable income and ...

This is especially considering that the difference in tax rate is quite significant. Capital gains is taxed at 12.5 per cent while business income is taxed at 25-35 per cent,” said Amit ...

The Union Budget on Saturday specified that income ... gains from securities are treated as capital gains and that GST on security sales remains outside the framework.” Highlighting the removal ...

Taxpayers should remember that tax-saving exemptions on capital gains are available on long-term capital gains (LTCG) only.

you might be able to use a capital loss to reduce your income for your tax return, if you are reporting capital gains in the same year. Speaking of tax, a capital gains tax is the money owed in ...

The expectations of common people ranged from relaxations in income tax to relief from inflation, lowering taxes on capital gains, controlling inflation in the education sector and lifting taxes ...

Finance Minister Nirmala Sitharaman has provided further clarity on the taxation of ULIP (Unit Linked Insurance Plan) policies with high premiums. As per the Budget 2025 ULIPs with annual premiums ...