The present paper attempts to evaluate the structure and reforms of capital gains taxation in India. After going through the evaluation of tax on capital gains, the study concludes that the taxation of capital gains in India has failed in its real objective to raise revenue in an efficient ...
Sign up with one click: Facebook Twitter Google Share on Facebook capital gains tax (redirected fromCapital Gains Taxation) Thesaurus Legal Financial capital gains tax n (Economics) a tax on the profit made from the sale of an asset. Abbreviation:CGT ...
Taxation on Sale of Sovereign Gold Bonds in Secondary Market / Stock Exchange –SGBs are allowed to be sold (traded) on the stock exchange even before maturity. So any gains or losses arising from the sale of SGB will be considered as a capital gain (or loss). But even on selling on ...
The revised version will give India right to tax on capital gains arising from Indian shares, taxation of profits of permanent establishment on source basis, taxation of royalty, fees from technically services and more importantly, smooth flow of exchange of information for varied pur...
One reason that attracts investors towards the best ULIP plans in India is their tax benefits. They are exempted from the capital gains tax or Long-Term Capital Gain (LTCG) tax as introduced in theUnion Budget 2018. ULIP plan is the only market-linked instrument that is still exempted from...
thought - one, advocating for amendment of current rent control laws; and the other, favoring a new system of local taxation, delinked both from the capital value and rental value systems which are difficult to administer in India. ... RM Kapoor,PK Ghosh - 《Review of Urban & Regional De...
In practice, this means that the capital gain from such a transfer can be tax exempt if: At any time during the twelve-month period preceding the transfer, Company A had participation – direct or indirect – of less than 25 percent of the capital of...
Long-term Capital Gain for NRIs According to the latest amendments in the Income Tax Act, the residential property bought to re-invest long-term capital gain on sale of property must be situated in India.If one wants to buy house located in the US, he needs to pay tax on the capital ...
of real estate, infrastructure and income tax related issue like capital gain, wealth tax, security, guarantee etc. Er. Nitesh Shrivastava is also enpanled with various financial institution, bank, public undertakings, government bodies and practicing on valuation for taxation purpose of municipality....
“Methods for elimination of double taxation” — which prevented double taxation by allowing an ordinary tax credit for foreign taxes incurred on gains (although credit for tax paid abroad may not exceed the amount of tax due domestically on the foreign income). During the trial, however, the...