The change in the base year is across all asset classes but the impact differs across assets that enjoy indexation benefit on long-term capital gains—real estate, unlisted shares, gold and bond funds. Till 31 Mar 2017, capital gain was calculated with 1981 as the base year. This means tha...
Following table explains the type of gain for each asset’s basis on the holding periodAsset Short Term Capital Gains Long Term Capital Gains Listed Equity or Preference Shares Period of Holding < 12 months Period of Holding > 12 months Units of Equity Oriented Mutual Funds Period of Holding ...
Also, whatever the time horizon of individual businesses, it is likely that most will have a range of capital needs, and short-term liquidity financing will in all likelihood be a prominent element of those needs. In seeking to enhance the long term perspective in planning and investment, the...