Long Term Capital Gains

All you need to know about Long Term Capital Gain (LTCG) Tax

All you need to know about Long Term Capital Gain Tax

What is long-term capital gains (LTCG) tax? LTCG is a tax paid on profit generated by an asset such as shares, equity, real estate or share-oriented products held for a particular time-period. The meaning of Long-term Capital Gains, or LTCG, is diverse for different items. Why is LTCG tax in the news now? In the Budget of 2018, Finance Minister Arun Jaitley, re-introduced [...]

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Changes in Income Tax Law come into effect from April 1, 2018

Changes in Income Tax Law come into effect from April 1, 2018

Changes in Income Tax Law come into effect from April 1, 2018. Finance Minister Arun Jaitley proposed various income tax changes in the Budget 2018.  These changes will come into effect from April 1, 2018. These tax changes will impact on many taxpayers in a number of ways. However, he has kept the basic income tax rates, exemption and the [...]

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