I-T Dept Notifies CII To Compute Gains Arising Out Of Sale Of Capital Assets
Cost Inflation Index (CII) is used by taxpayers to calculate long-term capital gains arising out of sale of capital assets after adjusting inflation.
Apr 11, 2023, 15:33 PM ISTUnion budget 2023: Long term capital gains tax likely to be rationalised
This tax was discontinued in 2005, but was reintroduced in 2018 in the Union Budget for that fiscal.
Jan 17, 2023, 13:02 PM ISTLTCG Tax: How to save tax on long-term capital gains? Check what experts say
Capital assets include land, house, jewellery and equity stocks. Long-term capital gains, which are taxed at 10 per cent, are basically the capital gains of over Rs 1 lakh earned by selling equities.
Oct 14, 2022, 14:10 PM ISTGovernment will look into market slump: Hasmukh Adhia
Hasmukh Adhia said he will discuss the issue of fall in local markets with Finance Minister Arun Jaitley.
Feb 06, 2018, 14:50 PM ISTEquity market sell off due to global cues, not LTCG tax: Adhia
Adhia, who is also the revenue secretary, said the income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 crore.
Feb 05, 2018, 12:33 PM ISTNo tax on LTCG in share market
No tax on LTCG in share market. Watch this special segment and get to know more here.
Dec 27, 2016, 13:58 PM IST