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Indexation

Cong asks govt to allow indexation benefits for savings in stocks, FDs

The Congress on Wednesday said the government's proposal of giving individuals the option to choose between two tax rates for long-term capital gains (LTCG) tax on properties is not enough and it should also allow indexation benefits for other forms of savings such as stocks and fixed deposits. Professionals' Congress Chairman Praveen Chakravarty accused the government of "betraying" the middle and salaried class in the Union Budget through the removal of indexation and higher taxes on their savings and investment gains. "On 23rd July, Finance Minister Nirmala Sitharaman presented the government's budget in Parliament. We welcomed certain aspects but we strongly opposed many parts of the budget. We welcomed the fact that the FM took some ideas from the Congress party's manifesto such as the employment linked incentive (ELI) scheme, the Apprenticeship Act and removing Angel tax," Chakravarty said at a press conference at the AICC headquarters here. Among other things, we strongly ...

Cong asks govt to allow indexation benefits for savings in stocks, FDs
Updated On : 07 Aug 2024 | 5:22 PM IST

Sovereign Gold Bond 2016 to yield 12% annual return on maturity on August 5

Investors have earned an annual interest rate of 2.5% over the past 8 years on Sovereign Gold Bonds

Sovereign Gold Bond 2016 to yield 12% annual return on maturity on August 5
Updated On : 31 Jul 2024 | 6:55 PM IST

No indexation? LTCG tax could go up 290% on properties bought after 2010

Longer holding periods correlate with higher taxes with or without indexation. Without indexation, the taxes are comparatively higher

No indexation? LTCG tax could go up 290% on properties bought  after 2010
Updated On : 31 Jul 2024 | 5:41 PM IST
Updated On : 31 Jul 2024 | 5:17 PM IST

Exit with indexation should be offered

When the government reintroduced taxation on listed equity in 2018, it took care to exempt capital gains accrued until the date of the 2018 budget

Exit with indexation should be offered
Updated On : 28 Jul 2024 | 10:24 PM IST

No significant impact of removal of indexation benefit, say realty players

High-end properties may see some drop in demand, they add

No significant impact of removal of indexation benefit, say realty players
Updated On : 25 Jul 2024 | 8:42 AM IST

Budget 2024 took away property indexation: Gainers, losers, tax calculation

Mumbai and the National Capital Region (NCR) are likely to be hit the most by Budget 2024 property indexation benefit loss, said analysts at CLSA in a note

Budget 2024 took away property indexation: Gainers, losers, tax calculation
Updated On : 24 Jul 2024 | 8:30 AM IST

Union Budget 2024: Indexation benefit removal a realty check for investors

LTCG on non-financial assets like property will also be taxed at 12.5 per cent, against the earlier 20% post indexation if held for more than three years

Union Budget 2024: Indexation benefit removal a realty check for investors
Updated On : 23 Jul 2024 | 11:33 PM IST

Budget 2024: What does indexation mean? How does it work in real estate?

Indexation benefits will continue to apply to properties purchased before April 1, 2001, but not to those purchased after that date

Budget 2024: What does indexation mean? How does it work in real estate?
Updated On : 23 Jul 2024 | 7:09 PM IST

A balanced Budget 2024-25 should be a big relief for markets: Manish Jain

India Budget 2024-25 News Highlights: By raising LTCG tax to 12.5 per cent and STCG tax to 20 per cent, the overhang for stock markets gets removed

A balanced Budget 2024-25 should be a big relief for markets: Manish Jain
Updated On : 23 Jul 2024 | 5:03 PM IST

Balance yield with rating when choosing a bond, be aware of liquidity risk

Invest in individual bonds only if you can analyse and monitor the credit profile of companies

Balance yield with rating when choosing a bond, be aware of liquidity risk
Updated On : 20 Apr 2023 | 12:54 PM IST

Last-minute dash for debt mutual funds before tax advantage vanishes

Target maturity funds, longer-duration schemes see high demand

Last-minute dash for debt mutual funds before tax advantage vanishes
Updated On : 03 Apr 2023 | 6:01 AM IST

Finance Bill: How will new Mutual Fund rules impact investors from April 1?

New Mutual Fund rules: All existing investments and new investments made in debt MFs before March 31 will not be affected by the proposed mutual fund tax change

Finance Bill: How will new Mutual Fund rules impact investors from April 1?
Updated On : 24 Mar 2023 | 2:23 PM IST

Centre may introduce changes to capital gains tax rules, says report

A task force had recommended changes in indexation benefit rules for the capital gains tax in 2019, and it is expected to be the main basis of the review

Centre may introduce changes to capital gains tax rules, says report
Updated On : 10 Nov 2022 | 9:07 AM IST

Here is how to calculate indexation benefits for gifted assets sold later

Capital gains will be calculated from the original owner's purchase date

Here is how to calculate indexation benefits for gifted assets sold later
Updated On : 22 Aug 2018 | 12:01 PM IST