In India, tax on capital gains depends on two factors: the nature of the capital asset and the period for which it has been held. Until July 23, 2024, long-term capital gains on properties held for over two years were taxed at 20 percent after indexation. The new changes in capital ga...
Indexation Of Capital Gains Nixed; Administration Cites Justice Dept. OpinionSteven MufsonRuth Marcus
While you need to include all capital gains in your tax return for the year you sell the shares, a discount applies for longer-term investments. Investments held for more than 12 months are only taxed on half of the capital gain. This is known as thecapital gains tax (CGT) discount....
Capital gains tax is levied on the profits you make when yousell or transfermost assets. These assets includeshares, investment properties – even a stake in your own company. Like a maggot in your birthday cake, capital gains tax can really spoil the fun of making money. ...
This paper addresses the impact of capital gains taxes on the market price and trading volume response to public announcements in an indexation-based tax regime. Our analysis indicates that indexation makes share prices more responsive to public announcements. Moreover, 'over responsiveness' induces ne...
Capital gains tax on shares and other investments: what you pay and how you can reduce or eliminate this tax legitimately.
Long Term Capital Gain Tax with indexation (at 20%):276000 or 2.76 lakh. Saving Long Term Capital Gain: If there are any long-term capital gains, one may have to either pay tax on it at the rate of 20% or Buy a new property either 1 year before the sale OR 2 years after the ...
In the above case, the gains arising from the sale will be considered as long term capital gain and the benefit of indexation will be allowed while computing the capital gain.Here’s how to calculate capital gains tax in such a case:Particulars Amount The full value of the consideration ...
Table of Contents Cost of Inflation Index from FY 2001-02 to FY 2018-19 How is Cost inflation Index Used to calculate Long Term Capital Gains? Tax liability on capital gain with indexation and without indexation About CII Cost of Inflation Index from FY 2001-02 to FY 2018-19 SI. No. ...
This paper addresses the impact of capital gains taxes on the market price and trading volume response to public announcements in an indexation-based tax regime. Our analysis indicates that indexation makes share prices more responsive to public announcements. Moreover, ‘over responsiveness’ induces ...